Darin Newsom DTN Senior Analyst
Sat Jul 13, 2013 10:50 AM CDT

Are My Eyes Deceiving Me?

The subject of the usefulness of technical analysis is a work in process for an upcoming On the Market column. But as I look at the weekly chart for the November soybean contract, questions about analytical methodologies abound. I know what I see when I look at this chart (as well as a number of others), but what I don't know is if it matters anymore.

Study the chart for a moment. Those of you familiar with my analysis will quickly see a number of patterns that have historically been used to show market direction ...

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