Thursday, October 14, 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

The Soybeans Report discusses the setup in the Evolution of the Trade in fine detail. It will encourage you to see energy as a participant in the composite trend, and not the sole driver.

Energy plays a role in creating the ebb and flow within the primary trend, but its 'importance' increases during the Energy Build or Nibble Phase only. Let's not forget, that Nibbles are allowed if large bullish or bearish energy build materializes within an aging primary trend.  The computer recognizes Nibble opportunities in the Primary Trend Decline Phase; They'll be coded PDT1 or PDT2 in the phase column.

It's still way too early to call beans dead in the water. With that said, screams of “You blew it up! Ah, damn you! God damn you all to hell!” might be still coming.

If you're not interested in the Report, please focus on the Beans ProIndex in the coming weeks (download the Matrix). Professional selling led the decline to today's line in the sand. Professional buying will be needed to prevent it from crossing over it.   The ProIndex needs to turn up, and it cannot take out the 2020 low.

Soybeans ProIndex

Follow me on Twitter or Facebook for further discussion.


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