In today’s video, we discuss the recent price movements in the soybean market as of January 24th, 2025
We examine the nearby futures contract Daily chart, noting a significant breakout above trend lines and the 50-day moving average, followed by a rally to the 200-day moving average.
Video TimeStamps
00:00 Introduction to Soybean Market Analysis
00:10 Analyzing Recent Soybean Trends
00:28 Understanding Moving Averages and Trend Lines
01:15 Profit Taking and Market Pullbacks
01:49 Future Market Predictions and Strategies
02:48 Conclusion and Final Thoughts
Video and Summary
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