Soybeans Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
Soybeans's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
Subscriber Comments
Soybean bulls need to be cautious. I can't write about the crops fundamentals, but the Matrix does describe the cycle of accumulation and distribution. Bean's DI, a measure of energy behind price, is show aggressive distribution. This distribution creates a blocking dome (red arch) above price. Blocking domes define statistically significant distribution in the futures and options market that often prevent rallies and trigger declines.
Soybeans DI
Disclaimer: Content provided by Eric De Groot is intended as general information and not specific recommendations. Individuals are responsible for their own investment decisions. Past ...
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