With all of the bearish fundamental news out there, why aren’t soybean prices accelerating lower?
If we get that next dip in Soybeans below $9.00 in May, that’s a good opportune time to add long positions for coverage.
- Risk-reward of target price vs critical support is near 3:1 ration
- Trend is up
- RSI bull-market support at 40 is still holding
- As much bearish fundamental news is out there, one has to ask, “why are we still not accelerating lower?”
