Thursday 22 August 2013

Daily Market Updates - FCPO, Soybean Oil & Soybean Futures 22 Aug 2013

Dear Traders,

The daily market updates for Malaysian Crude Palm Oil - CPO, Soybean Oil Futures and Soybean Futures has been posted on my main website. Please feel free to read the full article there.

Here's a brief summary of the article:

Soybean Oil is still in a consolidation phase and still trading below resistance. Will remain Neutral in this product until further indication from buyers or seller's strength. I'm thinking of slight upside bias for FCPO today but just for day trades. Please visit the blog section of my online trading website for the full article.

Best Wishes,
Tech Trader

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