There is an interesting bullish pattern popping up in the agricultural markets. It's a pattern I spotted in gold in February, but now I've found it in at least two agricultural markets.
Soybean Futures - Cup & Handle
Let's start with a soybean futures chart.
The soybean futures price hit an all-time high of $17.89/bushel in September 2012. After that, it started to collapse in several legs to the downside, losing half of its price by September 2015. Continue reading "Bullish Pattern Spotted for Two Agricultural Futures"
