Long

Cyclical nature of orange juice gives us an opportunity

Updated
Every 3-4 years since 2009, the price of orange juice has found a cyclical bottom. We are currently not only sitting on the cyclical low, but also resting on the channel range low/trend-line.

The daily chart has given a green light to get long, however, this is a monthly chart so the chop can easily last 6-12 months before lifting off (if it does)
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snapshot

A lot of structure here for the last 30+ years as well as positive cyclical behavior since 2004. I AM LONG with risk just under this month's low (December 2019). It took approximately 9 months to get a mean reversion signal that presented relatively low risk.
JO1!orangejuiceTrend Analysis

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