Yellow peas continue to trend inside the channel on the weekly logarithmic chart.
This bullish trend is expected to continue; however, be aware, a break of the bottom trend line often leads to much lower prices.
But that does not appear to happen any time soon.
Currently, our 2022-23 crop year Sell Signal is 103% of our yearly index average price.
Beating the market is difficult when markets have low volatility.
However, we were still able to provide Alpha.
Last year, we were 109% of our yearly index average price.
Beating the market is difficult when markets have low volatility.
However, we were still able to provide Alpha.
The chart below displays our 2023-23 strategy Bearish Sell Signal and our ABC Correction thesis from last year.
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