Saturday 16 January 2016

Soybeans

In the last week we got 2,843 new long contracts opened for soybeans and 29,848 new short contracts opened for this commodity.This means around 10 times as many new short contracts opened as new long contracts opened.This is bearish and soybeans price is expected to drop soon.Check my strategy to spot bullish and bearish turning points in grains on my free website:http://futuresandoptions.wix.com/cotswingcharts

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