CBOT:ZL1!   Soybean Oil Futures
Cot commercials index increased and seasonality is pointing to higher prices

Entry as usual above prior days high and exit with trailing stop below prior days lows

If this will turn out to be a supertrend like on crude oil i will hold the position till price closes below 18 moving average.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.