A commodity market analyst suggests the fundamental value of new-crop corn (to be delivered after the upcoming 2022 harv
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A commodity market analyst suggests the fundamental value of new-crop corn (to be delivered after the upcoming 2022 harv
Question 19 2.5 pts Some psychology research suggests human beings are prone to find patterns in random sequences of numbers. This implies that technical analysis is [Select ] to provide accurate price forecasts. Question 20 2.5 pts Technical analysis of commodity prices is widely used because: There is less information to collect and evaluate than using fundamental analysis Technical analysis tools can be applied in the same way to many commodities at once Both statements above are true O Neither statement above is true
A commodity market analyst suggests the fundamental value of new-crop corn (to be delivered after the upcoming 2022 harvest) is $9.00/bushel. The new-crop December 2022 corn futures price is $7.35/bushel. The analyst's outlook for corn prices is said to be: Bearish Bullish Both of the above O None of the above