Olu

Soybean Oil: There May Be Some Downside Ahead

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Olu 已更新   
CBOT:ZLZ2016   Soybean Oil Futures (Dec 2016)
2
Comments on the chart. Price taken out the high of the bearish engulfing candle is the first sign that this idea might be failing
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downside price action is playing out however I dont like the ecovery into the close. Still looking lower
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More downside today
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Price is still falling so the idea is still in play
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Price is attacking the entry point/breakeven point. For this idea to resume price has o fall away tomorrow
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Good downmove today.
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