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20/11/16 11:26(CET)_Soybeans_LONG

Long soybeans.The continuous upward trend in the soybean market continues and, according to the COT report, it is fully supported by large players. The current price is at the levels of June 2020 and continues. As can be seen from the attached chart, it is definitely not at its maximum and has nowhere to strengthen. The current global crisis, which is yet to manifest itself, is shifting the price to prices from 2012-2014. CA analysts add another long analysis, but in the form of a so-called stop order.

Charts and Table source: WebTrader

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