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Short ZSN2016 at 1030, Stop at 1057, Target at 982

Short ZSN2016 at 1030, Stop at 1057, Target at 982

SOYBEAN FUTURES - ECBT CBOT:ZSN2016

ZSN2016 had an increadible run based on fundamentals during last 60 days. It has now reached an important resistance level and posted a reversal candle. The DXY0.00%% seems to be reversing upside and that will also help the whole commodity complex, which seems overextended, start a correctionto the downside.