SOYBEANS DAILY
 

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In this January Bean chart, a daily setup bar is also the swing low and a drop below 577 will complete a swing reversal confirming the daily trading cycle top (and on the weekly chart, the weekly cycle top) and is likely to be followed by a drop below the trading cycle bottom at 567 before a swing low is formed. The next swing low is likely to be a 10-day cycle bottom, and the swing high that follows it is likely to be the high of the second 10-day cycle.

 
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