Soybean Short. According to the COT report, the continuous upward trend on the soybean market continues to be fully supported by large players. The current price is at resistance levels of less than 1,400 cents per bushel in futures contact. Technically, the market has rebounded and should now test the lower end of the trend line by less than 100 points below. Currently, a situation similar to that in April 2014 could arise.
Charts and table sources: WebTrader, Barchart