Tuesday, August 3, 2021

#Soybeans Review $SOYB #ZS_F

Soybeans Review

Those that view the message of the market on a 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.

Subscriber Comments

Soybeans' weekly price (BuS) and time (BuST) cycles have been extended for months. A reset of them during consolidation would make the next Reset (R) - Phase 3 stronger and more durable. Followers of the Evolution of the Trade are waiting for that.

The Internet appears convinced that the rally is over. Many traders refer to short positions despite a primary uptrend. Short against a primary uptrend is incredibly dangerous, but it's a common practice. It's even more dangerous when energy (DI) defines an increasing bullish energy build.

Energy (behind price) is required to slow, pause, and flip the primary trend. The transition from up to down usually requires the expiration of time and a massive bearish energy build. The computer defines soybeans energy build in line 24 columns K through M of the Trends Tab of the Matrix.



Follow me on Twitter or Facebook for further discussion.

----------------------------------

Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.