Teucrium Soybean Fund

What is this Monstrosity!

30
You know what is! Another Bullish Move

Reasoning
  • Whole Industry is moving!
  • Flat or XYZ Consolidation seems done
  • Correction is not overextended
  • Double bottom with second low undercutting the first
  • Several weeks of consolidation, seems like a huge move coming
  • Divergence on Composite Weekly Chart!!


My Would Be Trade Plan
  • Look for a good entry as it is overextended right now and get in a good ride!!. I am a newcomer to commodity moves but they are so strong when they move
  • Look for a leveraged ETF as this one moves slowly. That means that you need alot of shared for a good move. (I could not find any leveraged ETF!).


Main Sources of My Knowledge
  • Mark Minervini
  • Constance Brown
  • William O'neil
  • Speakers on Trader Lion Youtube
  • Adam Khoo


My Indicators

14 Period RSI.
  • 9SMA and 45EMA Moving Averages added


Composite by Constance Brown
  • This is for catching failures in the RSI.
  • The RSI is a bounded indicator so sometimes fails to catch divergences. This indicator helps show that
  • Composite Settings
  • Author : Constance Brown (Connie Brown)
  • RSI Length : 14
  • RSI Momentum Length : 9
  • SMA Length : 3
  • Fast Simple Moving Average : 13
  • Slow Exponential Moving Average : 33

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