Friday, August 28, 2009

CBOT Soyoil Daily: Weakening


immediate technical outlook weaken a little following prices continue to lose ground after tested the immediate support at 36.25. Thus, market may sideways to bias downside potential in near term. As for now, upside resistance is looking at 37.00-37.50. Downside support is pegged at 35.90-35.70.