Soybean Oil Higher 2nd Day In A Row

21 Nov in Blog, commodity consulting, commodity trading, corn, futures, Mike Seery, oats, option trading, seeryfutures, soybean meal, soybean oil, soybeans, wheat

Soybean Oil Futures--- Soybean oil futures in the January contract are trading higher for the 2nd consecutive session up 66 points currently trading at 34.98 as I've been recommending a bearish position from around the 34.20 level and if you took the trade continue to place your stop loss above the 10 day high which stands at 35.95 as the stop will not be lowered until Friday's trade so your going to have to accept the monetary risk at this time.<

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