Follow-up on previous week setups
October/19/2008 19:52 Filed in: Commodity Monthly Analysis
Last week we analyzed the setup conditions for Soybean Meal. The cost of 1 contract for this commodity is $743.00. The price increase from Thursday to Friday was $1590.00 (per contract). This commodity still has all the setup conditions to keep increasing.
The previous analysis (W2) of setup conditions is still valid.
The previous analysis (W2) of setup conditions is still valid.