May Soybeans has rebounded slightly off of the 20 day moving average. A bullish flag is still intact. Will South American beans be a factor in an upsurge for this market. Time will tell. Friday didn't quite produce a "Harami" reversal pattern. The real body of the candle wasn't fully in the down candle. However, we still may see an up day tonight and into the next day. The coming week maybe a buying opportunity.
