Pages

Tuesday, July 30, 2024

soybean oil 30072024

 30 July: Soybean oil opened with a sell-down to the 41 level, which did not hold and turned out to be a fakeout. The second attempt to sell at the 41 level also failed. Finally, buying force pushed the market above the 42 level. Will this lead to a bigger rally, or is this just a dead cat bounce?


No comments:

Post a Comment