Trial now
OPTIONS

EUROPE SUMMARY: More Sterling Steepeners

EQUITIES

Stocks Solid as S&P 500 Hits New Intraday High

US TSYS/SUPPLY

Preview $62B 7Y Note Auction

OPTIONS

Larger FX Option Pipeline

US EURODLR OPTIONS

Midday Trade

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: $1537.38 - 0.764 proj of Mar 31 - May 12 - May 26 price swing
  • RES 3: $1500.00 - Round number resistance
  • RES 2: $1496.94 - 0.618 proj of Mar 31 - May 12 - May 26 price swing
  • RES 1: $1480.00 - High Jun 7 and the bull trigger
  • PRICE: $1461.25 @ 13:44 BST Jun 10
  • SUP 1: $1400.06 - 20-day EMA
  • SUP 2: $1325.75 - Low May 26 and key support
  • SUP 3: $1312.00 - Low Apr 30
  • SUP 4: $1285.00 - High Apr 1

Soybean futures traded higher Monday and confirmed a print above resistance at $1461.00, May 12 high and the bull trigger. The move higher also confirms a resumption of the underlying uptrend taking the contract to fresh highs for the year. This opens $1496.94 next, a Fibonacci projection. On the downside, key trend support has been defined at $1325.75, May 26 low.