Expect many to dismiss this as few trade Soybeans but I'll be LONG soon somewhere around 818-811. This trade has small downside risk with reasonable STOP and a nice upside target of $3000 +. There is a Larger Bullish Gartley behind this historically that gives even more upside. Many grains are showing bottom signals and this is the first BUY in some time. Good trading guys & gals! China has been buying US Soy and getting bargains. One could consider "SOYB" ETF as well.
cnbc.com/2020/01/24/doubts-on-how-quickly-china-can-ramp-up-purchases-of-us-soybeans.html
cnbc.com/2020/01/24/doubts-on-how-quickly-china-can-ramp-up-purchases-of-us-soybeans.html
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.