The contract etched a bullish reversal on the chart Monday. The primary long-term technical trend is down, but modest follow-through higher could be seen Tuesday, in a corrective counter-trend type of bounce. Initial upside resistance lies at $11.37, with a tougher near-term ceiling at $11.48 1/2. Support lies at $10.95.
$14.74 1/4 -- the contract high $11.25 1/2 -- the 10-day moving average $11.40 1/2 -- the 20-day moving average $11.79 1/4 -- the 40-day moving average $9.18 -- the contract low MARCH SOYBEAN MEAL -- combined pit and electronic trading
The contract also reversed to a higher close. The action could mark a short-term minor bottom. But the dominant longer-term technical trend remains bearish. Minor near-term resistance lies at $290.20, ahead of stronger resistance at $296.00. A renewed sell-off below $279.50 would signal a resumption of the longer-term downtrend, and would target $265.10 support.
$394.10 -- the contract high $288.60 -- the 10-day moving average $292.70 -- the 20-day moving average $305.90 -- the 40-day moving average $247.70 -- the contract low MARCH SOYBEAN OIL -- combined pit and electronic trading.
March soybean oil closed lower, but well above the daily lows. Buying interest was seen near the lows. The longer-term trend remains bearish. Support lies at 49.09, ahead of 48.78. A move through resistance at 50.96 would target a quick test of the 51.23 ceiling.
61.26 -- the contract high 50.33 -- the 10-day moving average 50.77 -- the 20-day moving average 51.44 -- the 40-day moving average 38.28 -- the contract low
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29150.00 | + 700 | 29160.00 | + 660 |
ПФО |
27950.00 | + 300 | 28050.00 | + 50 |
СКФО |
28700.00 | + 500 | 28950.00 | - 50 |
ЮФО |
28150.00 | - 200 | 28950.00 | - 50 |
СФО |
28400.00 | - 100 | 28300.00 | - 200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
71000.00 | + 850 | 73250.00 | + 1380 |
ЮФО |
69800.00 | + 200 | 74000.00 | + 3500 |
ПФО |
71000.00 | + 1450 | 73000.00 | + 2950 |
СФО |
72000.00 | + 1800 | 75000.00 | + 4500 |
Обсуждение