This Video shows the long-term patterns of corn and soybeans. Both markets have been in a 6-Year plus bear market that started in 2012. There are some who are looking for the bearish markets to continue. Today’s WASDE Report did nothing to sooth the emotions in the agriculture markets.
This video analyzes the current patterns in soybeans & corn. You will see their daily patterns, and what they indicate is likely to unfold in the days ahead. You will see the position of Weekly Momentum Measurements, and if weakness or strength is likely to unfold in the days ahead. Contrary opinion of Bullish Market Sentiment is a very useful tool that indicates if a low or high is unfolding, or has been made. You will see the current positions of Bullish Market Sentiment for both commodities.