This week I got a bearish signal for the soybean oil based on the total number of new short contracts opened(53,762) vs net number of new long contracts opened(2,887) in the last 2 weeks.This means new short contracts opened outnumbered new long contracts opened for almost 19 to 1.This is very bearish and I expect price of soybeans oil to fall in the next days/weeks:Check my trackrecord2016 file and strategy on my free websites:http://cotreportfreeswingcharts.my-free.website/ and
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