Soybean Oil has extended higher above trend line resistance therefore we expect this upside move to exhaust itself fairly soon with 32.40 shifting higher as support. A break back inside the channel would indicate a near-term top as well.
Soybean Oil has extended higher above trend line resistance therefore we expect this upside move to exhaust itself fairly soon with 32.40 shifting higher as support. A break back inside the channel would indicate a near-term top as well.