Wednesday, July 23, 2014

Nov beans… morning commentary

Nov beans slide continued on mon and tues but like corn the chart reads somewhat different. I can now count 5 waves down as almost being complete as a push down to the 1040  may still possibly materialize. That being said this leg down as shown in the chart above is looking complete and the bull run is ready to resume. All the signs are pointing to much higher prices in the next couple years…

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