26th Jul - Soybeans Retest Long Term Support
26 July 2013
WEEKLY CHART – CONTINUATION:
Following a recovery in Q2, prices have dropped back to retest earlier 61.8% support – and breaching the channel base in the process. We look for 61.8% to break now, with the 1260.00 76.4% level next in line. But front month prices are already lower than this, so the 1094.25 Dec-11 low should be our next focus.
DAILY CHART – Nov-13:
Recovery from near the 1221.00 76.4% retracement has been reversed, with a fresh test of this support now seen. A return to the 1186.50 Apr low looks likely, and fresh downside targets to then be found.
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26th Jul - US Dollar Index Up Against 76.4% Resistance 
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21st July - Ftse will retest and overcome 7000