Long Soybeans1) Commodities are on a run
2) Soybeans is in an upward trend
3) Instrument $SOYB Teucrium Soybean ETF
Soybuy
SOYF Buy with short-term targetJust bought some Soy futures as it is bounced from the major support @1370 and the trendline. RSI pointing upwards and above 50% line therefore a good signal for continuation of the move. Soy just bounced from the daily pivot if you'll like to look at that as well. Target is around 1420 next big resistance where it can slow down, so I will close my position there and will see if the trend will continue. See you later!
