931-1/2 in the March Beans

Pull up a daily chart for SH. Plot a trend line from the 3/3/2009 low at 805. A second point at the 10/06/2009 low at 888. Today’s trendline intersection of this 11-month trend line is signficant at 931 1/2. Look for a test, a good 5 to 13 cent bounce after the first test. If we go below it significantly, we should have selling pressure down to the 908 level.

Good Trading

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