Medium term view - Soybean Oil, continuation (H7), Chicago : The moving average is supporting prices.
The trend is still bullish. No indicator nor pattern are questioning it. The invalidation is below $31.63. The target is at $41.30Arguments :
- The moving average is supporting prices.
- The rounding bottom has been triggered, the target has not been reached yet.
- The reaction...
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.