Soybean rally triggered lighten up, investors fear that there is space - Soy - Food Industry

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Decline as the market worries about the economy lead to long liquidation continued to leave, resulting in CBOT soybean futures ended sharply lower market, which in May soybeans closed at 863.25 cents, down 22.75 cents. But once again out of the domestic market, contrarian Soybean market, including main contracts a909 opened early in 3396 points, not only down but not open 10 points higher. Higher intraday volatility then the way to end up in the day time high of 3,496 points to close up 110 points. From the session time-trend terms, positions and did not increase with prices, but so out of lighten up the disk, which then shows the disk today, mainly due to the rise in electronic trading in Asia, driven, trigger active level short position, then push prices higher should do. Shows that the current lows worry this short, so the market outlook is expected to rebound can be given some space to expand.

From now, the first rise in the market mainly from the contrarian technical strength, a week, the futures price plunged from around 3,600 points, fell to around 3,300 points in just a week's time on the price plummeted, lead to serious oversold market technical indicators, technical amendments to its own power lines are out of the rally to promote. Second external disk Asian electronic disk market strength has also brought benefits to the domestic Soybean more support. Asian trade has been opened since the morning, then all the way up. Soybean closed at the domestic, Asian trade has risen more than 20 cents. Fell outside the set of prices to pre-order platform in a low rebound trend, too, the market outlook to investors out of the rally will be expected within the disk drive is the key to further gains.

As investors remain more concerned about the recent global economic downturn and the main soybean producing areas of Argentina brought rainfall to the negative pressure of soybean. Indeed, the market price is really about these two factors out of the next wave of market decline. But investors in the face of sharp market decline, the global economic downturn as well as in Argentina brought rain to the bearish market has led to market decline, a certain kinetic energy generated by the digestion. Good or bad news in the case of a slight improvement, will lead the rally. Therefore, the current rally is technically addition and correction requirements, is expected to face with the message also has a relationship. Argentine farmers market good news is asking the Government to reduce tariffs on grain exports, and for the fight against serious drought for more help, this will hold new protests. Argentina's Minister of Production issued before the meeting, will visit this week (February 23-March 1) and farmers leaders in order to avoid farmers launch new strikes, investors should pay close attention to the dynamics of the incident. The event is expected in the current situation around in the near future will become a key factor in market.

Together, rebound has been reflected in the disk, investors should have rapid response, air alone stop in time, more than one quick follow-up, but for more than one follow-up only for short-term market. Because, after all domestic and international economic environment is still not good, the only targeted at short-term market rally, this rally should not have high hopes high.

Article Source: http://depositarticles.com/

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