Soybean rally triggered lighten up, investors fear that there is space

Decline as the market worries about the economygains.
lead to long liquidation continued to leave, resulting inAs investors remain more concerned about the recent
CBOT soybean futures ended sharply lower market,global economic downturn and the main soybean
which in May soybeans closed at 863.25 cents, downproducing areas of Argentina brought rainfall to the
22.75 cents. But once again out of the domesticnegative pressure of soybean. Indeed, the market
market, contrarian Soybean market, including mainprice is really about these two factors out of the next
contracts a909 opened early in 3396 points, not onlywave of market decline. But investors in the face of
down but not open 10 points higher. Higher intradaysharp market decline, the global economic downturn as
volatility then the way to end up in the day time high ofwell as in Argentina brought rain to the bearish market
3,496 points to close up 110 points. From the sessionhas led to market decline, a certain kinetic energy
time-trend terms, positions and did not increase withgenerated by the digestion. Good or bad news in the
prices, but so out of lighten up the disk, which thencase of a slight improvement, will lead the rally.
shows the disk today, mainly due to the rise inTherefore, the current rally is technically addition and
electronic trading in Asia, driven, trigger active levelcorrection requirements, is expected to face with the
short position, then push prices higher should do.message also has a relationship. Argentine farmers
Shows that the current lows worry this short, so themarket good news is asking the Government to
market outlook is expected to rebound can be givenreduce tariffs on grain exports, and for the fight
some space to expand.against serious drought for more help, this will hold new
From now, the first rise in the market mainly from theprotests. Argentina's Minister of Production issued
contrarian technical strength, a week, the futures pricebefore the meeting, will visit this week (February
plunged from around 3,600 points, fell to around 3,30023-March 1) and farmers leaders in order to avoid
points in just a week's time on the price plummeted,farmers launch new strikes, investors should pay close
lead to serious oversold market technical indicators,attention to the dynamics of the incident. The event is
technical amendments to its own power lines are outexpected in the current situation around in the near
of the rally to promote. Second external disk Asianfuture will become a key factor in market.
electronic disk market strength has also broughtTogether, rebound has been reflected in the disk,
benefits to the domestic Soybean more support. Asianinvestors should have rapid response, air alone stop in
trade has been opened since the morning, then all thetime, more than one quick follow-up, but for more than
way up. Soybean closed at the domestic, Asian tradeone follow-up only for short-term market. Because,
has risen more than 20 cents. Fell outside the set ofafter all domestic and international economic
prices to pre-order platform in a low rebound trend,environment is still not good, the only targeted at
too, the market outlook to investors out of the rally willshort-term market rally, this rally should not have high
be expected within the disk drive is the key to furtherhopes high.