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Soybean Spread Analysis: NOV26-NOV27 Head & Shoulders Pattern

Barchart·09/23/2026 14:35:24
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Klarenbach Grain Report Chart of the Day


 

Soybean Spread


 

NOV26-NOV27


 

We shared this idea in the Grain Report last week.


 

A Head & Shoulders pattern appears to be forming.


 

It appears to be forming, as I am not convinced the neckline has been broken.


 

Notice the buying stepping in at the green 50-day Moving Average.


 

Check out the RSI and MACD.


 

Place your bets.

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Trent Klarenbach, BSA AgEc, PAg, publishes the Klarenbach Grain Report,  Klarenbach Special Crops Report, The Daily Board and The Daily Kernel newsletters.                                                                                                                                                                                                                                                                                                                                                                                                   

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