Beanoil CBoT maintaining short play

20 0 1
Price made a solid move up during an 'inside day' session. The advance in price was stronger than what we would have liked to see but the overall picture of our bias does not change. We anticipate lower prices but we would like to see the lows of May 23&25 at 31.42 to be broken after which the door will be open to an acceleration to the downside. First target is at 29.00 and second target is at 28.00 after which we will see whether and how far we want to trail the final target down.
The stop for now is at 33.72 basis end-of-day. Positions will need to be rolled over soon (preferably this week) and traders need to be alert for slippage.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out