Soybean Oil 50% retrace - Great entry level Long

Soybean Oil FuturesCBOT

Description

⋅ Dec 2, 2020 2:09 PM

VegOil's are still fundamentally bullish, Energy and Industrial have also been trending up.
Wanting to be on the Long Side this is as good as it gets for entry.

Comment

⋅ Dec 16, 2020 1:18 AM

Still trending up, sell target will be in the 42-45 zone .

Trade closed: target reached

⋅ Feb 26, 2021 12:09 AM

Comments

MuhsinKay

⋅ Jan 22, 2021 7:18 PM

Entered the sell zone. Good prediction

MuhsinKay

⋅ Dec 2, 2020 5:37 PM

short term downtred will continue next week?

ElReyChristophe

⋅ Dec 2, 2020 10:25 PM

@MuhsinKay, Doesn't fell like it, Fundamental is still Bullish. IMO this is a buying opportunity.