Edition 16 | #Soybeans

SOYBEANS (ZS)
– Investment Strategy LONG
– Bull spread ZSQ19-ZSU19

Soybeans market created a strong S/R zone around 900. If the price will go up over 900 then I see a good potential for reaching 1000 or more. I built a bull spread ZSQ19-ZSU19. A possible Entry point could be around 0,0. SL -5,0 ($250/contract) and PT 10,0 ($500/contract). 


Historical


Historical chart on TradingView.com


ZSQ19-ZSU19 – Bull spread


Spread chart on TradingView.com


COT analysis


COT analysis on SpreadCharts.com


Seasonality


Seasonality on SpreadCharts.com


Seasonality averages


Seasonality averages on SpreadCharts.com


Trade management
Enter:    0

SL:        -5 ($250/contract) 
PT:         10 ($500/contract)

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