Update 2: Soybeans - June 2016

 Our previous post contained several VPP and PTV[1] projections for a June top in the soybean market. These were not as accurate as we would have liked, having an error of 20¢ in July soybean futures. However, it seems it is most likely that Gann's 20yrs cycle projected to turn in the first half of the month has aligned with a swing top.

 Other PTVs completed in both July and November soybean futures at the June 10th an 13th tops respectively. We are including them in this post. 

Update: Soybeans - June 2016

 In this update we are including a few Velocity Price Projections and PTV[1] analysis and projections for July soybean futures.

Soybeans - June 2016

 The month of May was a disappointment. Except for the big up day on May 10, most of the month remained in a sideways motion.

 As presented in our 2016 soybean roadmap, there is a cycle due to turn in the first part of the month of June. According to seasonal behavior, after a March bottom prices will most likely rally up until June or July, aligning with the typical seasonal top months.