Monday, October 21, 2013

Soy Bean Oil Hourly Chart Might Be Weak

Soy Bean Oil Futures has been moving up slowly. Despite the daily chart looking strong, the hourly chart seems weak based on the divergent between the price and MACD. The weakness of Bean Oil Futures could give us an opportunity to short CPO.

1 comment:

  1. but why short when we can see bottom head and shoulders in progress.my long stays

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