There are only 3 inflation scenarios that will happen till the end of 2023: i. Improve CPI to 2% ii. Range CPI to hover between the band of 5-8% iii. Continue to trend higher breaking above 9% Many investors believe scenario (i) & (iii) will be unlikely. 70% of the investors feel that CPI should settle unchanged from how the year started at between 5%-8%....
Brief for Agriculture: - Price inflation of commodities and tailwinds of seasonality will provide a bountiful harvest this year's end for agricultural commodities. Focus points: Coffee: Oats: Soybean: Soymeal: Cotton: Most interested in Coffee and Oats, as they are showing strong trends entering into the bullish season, but eagerly awaiting Soybean...
CBOT:ZM1! Self explanatory.
On weekly chart, it looks like Soybean Meal is ready to make a push higher. Could we see it challenge the highs of last June?
I have my own trading system depending on only numbers and dependin on my system it said short. I only want to publish here to track my records and share with the public.
Daily Support and Resistance for July Soy Meal
Daily support and Resistance for May Soymeal by anmview.com
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