CBOT:ZLN2016   SOYBEAN OIL FUTURES - ECBT
15 0 0
Beanoil:
Price broke out through the downside of the long term ascending price-channel which means that we have to go back to the drawing table and reconsider our bias. Our bullish scenario has failed an stops were hit. Former support at the 32 level has now become resistance and we expect same resistance to be tested some time during the coming week or week after. Same test would offer an excellent short entry opportunity.

Related Ideas

Remko
Beanoil CBoT
Remko about ZLN2016 6 months ago
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out