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Linda Raschke, founder at LBR Asset Management, reports that beans remain on a buy signal, with the trend continuing from the previous day and showing range expansion today.
The latest market movement signals ongoing bullish momentum for beans.
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Raschke has previously highlighted copper’s tendency to initiate major price movements during Asia evening trading sessions, describing a clear pattern in her observations on copper. She has also noted IBM’s opening levels, indicating potential formation of significant technical patterns in a recent report. These insights reflect her ongoing focus on identifying market patterns across asset classes.