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since Sep 22, 2020
agriculture
cbot
chartpattern
indicator
soybeans
trendanalysis
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Beans have topped in a similar way multiple times this year. Rallying hard and giving it back intraday for a terrible looking candlestick.
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We need prices to stop falling out of bed here, and a major recovery and gap filling reversal, opposite of what we saw a couple weeks back.
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This bottoming pattern has shown up in each of the past 6 moths
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