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Olu
Oct 8, 2015 8:38 PM

Soybean Oil: I am bearish Short

Soybean Oil Futures (Dec 2015)CBOT

Description

Comments on the chart. I am short this one at the moment. The whole grain complex is teetering on the edge right now. There is news coming out tomorrow in the grains market which could define the path of these commodities for the next few weeks

Comment

Still keeping my short idea. Despite all that fundamental data released for the grains market soybean oil barely moved. So still bearish looking for new lows.
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