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Is the soybean rally over?


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Blue Line Grain Express

We posted our closing comments (video) on our site:BlueLineFutures.com

If you are reading this post from Barchart.com the links do not work, so we encourage you to visit our site where you can find updated videos and research under the research section.

Corn, soybeans, and wheat all traded lower into the weekend with soybeans leading the way lower. We continue to feel that there is value in the soybean market and are working orders for clients to re-own and get long down near some of these support levels. We cover the fundamentals and technicals every morning for clients and are available around the clock to talk.

If you have any questions with regards to markets, trading, or opening an account please let me know!

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Email Oliver@BlueLineFutures.com or AgHedging@BlueLineFutures.com

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.



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Oliver Sloup is Vice President of Blue Line Futures, a leading futures and commodities brokerage firm located at the Chicago Board of Trade. Blue Line Futures mission is to put the customer first, and that means bringing YOU the best customer service, consistent and reliable research and state of the art technology.  Oliver has been a guest on CNBC and Bloomberg, among others.  Oliver has over a decade of trading experience. Prior to Blue Line Futures, Oliver worked as the Director of Managed Futures at iiTRADER.

 

 

Contributing author since 10/6/17 

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