Pro Farmer Senior Market Analyst Rich Posson says soybean futures are due for a Level 1 business cycle low starting next week into early next month. "If realized, buyer interest should rise through February and prices should recover into a Level 1 top due in March," he says.
In the March soybean futures chart below, Posson uses technical indicators such as stochastic, moving averages, trendlines as well as his business-cycle analysis:
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