| ehoff - 4/17/2025 07:33
If you look at the SX bean chart. Bean priced dropped dramatically on tariff news but what followed is what is interesting. The funds increased their longs into that drop as indicated in blue, the chart had a high volume reversal day/days higher.
Someone or ones were standing in buying. Will they defend their position if the market drops in the short term? Time will tell I guess but someone was buying in volume.
If you have a pile of cash and can afford the margin, soybeans are the commodity most likely to produce a monster return in the next 6 -10 months. Your risking the downside of $1 for the upside of $3-$6 a bushel
Edited by doathlon 4/17/2025 07:44
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Beans
