Counter long before/after USDA? #HeikinAshi is positive Soybeans CBOT:ZS1! Kumowizard I have been hesitating for 3-4 days wether to open or not some long position in Soybeans. Finally I did it today, but as the big picture is still bearish , this position has to be treated as a counter trend trade, which means size is only 0,5 risk unit. Weekly: - Long term bearish ichimoku setup, but: Price got far below Kijun Sen (should attract it back), Future Kumo got very thin, as past 52 weeks volatility decreased, actually Senkou B (52 weeks average) is down to 972! - Possible Heikin Ashi signal for a pull back. - Obviously USDA report will be decisive today, but if comes positive then haDelta/SMA3 would move back above zero line and in coming weeks we could see a correction up to 950-970 supp/res zone. Daily: - Ichimoku setup is bearish , but if Price clearly closes above Kijun Sen, we may see some short covering, with a possible squeeze tgt to 925-950 zone initially. - Heikin Ashi is bullish . Important to see if haDelta/SMA3 cross above zero can stay after today's report.