Wednesday, September 8, 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 bag holders 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 primary trend is still up. The composite trend has been destabilized, and is out of alignment due to the secondary trend. The secondary trend's price and time cycles are 2.0 and 2.99. Both numbers have been above 2 for months. This is the way the computer screams "watch out", a weekly trend reset from up to down is a high probability outcome. These readings are finally attracting some attention, because price is falling and pessimism is rising.

The Internet is proclaiming that grains are dead, the move is over, but the recent decline is more a function of the weekly trend than primary trend instability There's a big difference between the two.  The only thing dead in soybeans is critical thinking.

The weekly trend needs to reset. It's been a process, but also be warned as pessimism rises that the invisible hand has been accumulating all the way down. Please download the Matrix and study soybean's DI & DI2. Are they close to -60% or 60%? The former is bearish, while the latter is bullish.

The Evolution of the Trade forces us to wait for another Reset (R). It's likely weeks/months away. Beans' secondary trend statistics (LTCO and BW) suggests flip down (or reset) is closer than most expect.

BW doesn't receive a lot of discussion. It's a measure of volatility, like Bollinger Bands, but multidimensional. BW is dropping fast. This defines compression. Compression leads direction, so LTCO is going to flip down soon. A Reset(R) will be generated when LTCO flips down, then flips back up across all three time frames.

Soybeans Secondary Trend

Follow me on Twitter or Facebook for further discussion.


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