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SOYBEAN MEAL FUTURES - ECBT

CBOT:ZMH2014
 
     
 
     
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ZMH2014 Commodities Futures Chart

 

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LEONES LEONES PRO ZMH2014, D, Short ,
ZMH2014: Healthly Bean Meal
98 2 0
ZMH2014, D Short
Healthly Bean Meal

Soybean Meal essentially double topped between Sept and Dec 2013. Now trading below the 20EMA. The next move will be towards the down sloping median line. Watch out that trendline. Major lows a typically posted in February in the beans. Weakness across the grains.

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