Uncovering the Hidden Profit Potential in Soy Beans
Today we are taking a look at potentially the last major seasonal opportunity in the Soy Bean Complex.
The Soy Bean Complex is traded at the Chicago Mercantile Exchange (CME), and it has been known to have some of the best seasonal opportunities.
Right about this time every year, this market has historically bottomed out before moving into higher ground.
Taking a look at real time data, and comparing it with a 5-year average chart (see the video above), we are definitely looking at a healthy bottom forming, and a great opportunity is opening up.
Also looking at the 10, 15, and 20-year historical price average charts, all signs point upward and onward at the moment.
Other derivatives of soy are also likely to follow these seasonal trends, so its good to keep an eye on those as well, depending on your own risk tolerance.