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November soybeans show strong performance, Linda Raschke notes

November soybeans show strong performance, Linda Raschke notes
November soybeans show strong relative strength

Linda Raschke, founder at LBR Asset Management, highlights the superior relative strength of November soybean contracts, which are close to achieving another contract high.

Raschke notes that the phrase "beans in the teens" has returned, emphasizing a resurgence in soybean prices.

Raschke has previously noted that markets often consolidate in bracketing mode following large price moves. In an earlier commentary, she also highlighted buy signals for SPs and subsequent gains driven by Asia market openings. These observations offer further context to her recent remarks on soybean contracts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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