20101215 Soybean Oil futures, the top of the market coincided with weather concerns two days ago, where frost was supposed to affect the winter wheat crop. Well, supposedly.... Everytime when supply is supposed to be low and demand the greatest, that is usually the high print. Could be a reason is that this time the frost news was concocted. Now we have a bearish break of the uptrend line.
Labels: commodities, fcpo, ZL
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