Wednesday, May 10, 2017

Soybeans - May 2017

 This post discusses an important 14 years cycle harmonic due to turn in late May 2017. According to our studies, the market is currently in a bull market since March 2016. However, the market recently topped on January 2017 and since then the trend has been down. Our initial 2017 soybean roadmap rightly indicated a turning point in January, but we figured it would be a market bottom instead of a top.