Wednesday, September 30, 2009

12:30 pm Soy Oil Futures Down -0.05 @ 33.80


Soy oil futures daily chart is still trading below Bollinger Middle Band = Bearish
Bollinger Band width expanded suggested that the down trend will continue
Instead of dropping, there is not much changes on the MACD histrogram suggest that the market may have a technical rebound. Alert for FCPO traders on the short side ready to take profit or cut loss !!!

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