FARM BUSINESS NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Fri Nov 1, 2013 06:59 AM CDT

Given the lack of bullish enthusiasm in the soybean market the last month and a half it is understandable if we've forgotten that the last major (long-term) signal was bullish. Going back to August, the more active November contract posted a bullish key reversal, moving to a new low early in the month before skyrocketing and closing well above the July high. The August peak of $14.09 1/2 followed by a September top of $14.08 1/2 proved to be a test of resistance near $13.71, with both months falling back below this price at the close of the month.

As ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
DTN's Quick Takes
DTN Before The Bell Grain Comments
Newsom on the Market
DTN Early Word Opening Livestock
DTN Early Word Grains
Harvest Revenue Insurance Prices
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
CME Earnings Rise 23%