Posted 2/15/2019 18:49 (#7323148 - in reply to #7323070) Subject: RE: Teetering on the abyss!
Centre county Pennsylvania, USA
FWIW, soybeans closed today about 1% below their uptrending 100 day linear trend. If linear trend is intrinsic value, then soybeans are trading 1% below their intrinsic value.
As always, past performance is no guarantee of future performance. However; 100 day linear regression suggests US soybeans are currently on sale at 1% discount.
Teetering on the abyss!
