Soybean Meal Tutorial

An example of how Chart-Ex can show you key market numbers

The August 8th high in December 2003 Soybean Meal was 159.90. Chart-Ex's key resistance number was 160.00.

Although you can see from the standard bar chart that there is congestion around the 160.00 level, Chart-Ex allows you to pinpoint and confirm exact key numbers: Week's high = 160.50 and High Volume number = 160.00  Chart-Ex shows you key market numbers: 3. The week's high, 160.50, and low, 154.40 4. The day's high, 159.90, and low, 157.30 5. The standard chart does not.

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