Olu

Bean Oil: Not Playing Ball Like The Other 'Grains'

Short
Olu Updated   
CBOT:ZL1!   Soybean Oil Futures
7
Comments on the chart
Comment:
idea is playing ball. Despite strength in other grains bean oil is showing weakness. This weakness imho will intensify on days where there is weakness in the other grains
Comment:
Price proceeding according to plan. More downside expected
Comment:
price is still falling. However I am in 2 minds with this idea because of the strength in the other soybean complex - ssoybeans and soybean meal
Comment:
still not playing ball. This could be going much lower
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