Thursday, November 11, 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

If you're a die-hard beans bull, I would keep an eye on its ProIndex in the Matrix. The ProIndex began trending lower when the pros stopped buying. Notice how price has struggled since this trend materialized. I track and talk about trends like these in the Soybean Report.

Patience is one of the most difficult skills to acquire in trading and investing. It requires extensive knowledge about price, time, and energy cycles. The ProIndex is part of the energy cycle.

Soybeans ProIndex


Follow me on Twitter or Facebook for further discussion.

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

Access market-driven money flow, trends, and intermarket analysis through an Access Key.