Reviewing some previous Gann-related analysis for November 04 soybeans and
looking a little further ahead, in
this popular commodity .....

November 04 beans analysis comes in and looking ahead .....

Hi folks,

..... just a reminder about a Gann-related
projection for November 2004 Soybeans, that
was posted, on 19 July 2004 ... :-

Re: Trading Time - Nov Beans 633 - Sep 06, 2004

Posted By: yogi-in-oz
Date: Monday, 19 July 2004, at 10:19 a.m.

http://tfc-charts2.w2d.com/forum/index.cgi/read/299801

=====

Both Mercury and Pluto went direct this week
and our November beans target was met, as
Mercury was on station to change direction.

High was 652 and close was 637, on a wide-range
day, which has been confirmed as a short-term
high, by subsequent price action .....

..... you can find a current chart at:

http://futures.tradingcharts.com/chart.php?1094261853

That high came a couple of days before our
06092004 target date ..... which may not
be surprising, as some markets are closed
on Monday, in USA ..... soybeans, yes???

-----

Looking ahead, a pullback to test the midpoint
of that big white candle on 23082004, about
597.5 would not be surprising, either.

A break above the high of that 23082004 candle
at 614, will probably see beans swing around
our pivot at 633, to consolidate inside a
flatter trading zone ..... for example:

hi 652 - 633 = 19 ..... 633-19 = 614 projected lo

Upside zone ahead = 614-to-652 ..... ???

have a great weekend all

yogi

http://easy-trading-tools.00cd.com