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New Video: Commentary on the Trading Report (posted 4-25-23)
This video shows the Technical and Cyclical Tools that projected the recent resumption of the bull market in soybeans and corn. The recent bearish trend completed on May 31, 2023 at $12.70 ¾.
Weekly Momentum has triggered a convincing bullish reversal indicting higher net weekly prices. The Trend of July Soybeans as defined by Moving Averages of its Closings and Openings has triggered a Bullish Crossover and is bullish. These are just two of the tools I use to anticipate a continuation of the bull market in soybeans.
I believe you will find this video quite useful at this time. It will give you guidance as the growing season develops. Don’t be left out!
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