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1 years, 3 months ago
from Soybeans
"Right now, I am getting mixed signals as I analyze the soybean market. The projections for 4 to 6 million acres more soybeans in 2017 has everyone – myself included – wondering how low soybean prices could go by this fall. However, when I look at my charts, the trend is higher. The funds that trade using trend-following buy-and-sell signals are very long. They have made a boatload of money so far in 2017 and are buying every break."