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

Comments on the chart

Note

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

Note

Price proceeding according to plan. More downside expected

Note

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

Note

still not playing ball. This could be going much lower

Olu

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