Markets
CBOT soybean still eyes $13.74-3/4 a bushel
SINGAPORE : A bearish target at $13.74-3/4 per bushel is intact for CBOT soybeans November contract as it is still ridin
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The wave "c" will develop a length equal to that of the wave "a", to travel to the 100 percent Fibonacci projection level, a break below which will trigger a further loss to $13.53, the 138.2 percent level.
A rise above $14.00 will extend to $14.09-1/2.
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Copyright Reuters, 2011