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' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
Soybean's primary trend is up. It's composite trend, a combination of the daily, weekly, and monthly trends, is out of alignment (agreement). Soybeans; therefore, are in cause building (consolidation). Please learn what cause building means.
If the invisible hand could speak, what would it say?
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