Friday, December 4, 2009

CBOT Soyoil Daily: remains Positive


Immediate daily technical landscape remains positive despite prices eased off after tested the high at USc41.40. As for now, we continue to look for the immediate upside resistance at USc42.23-USc42.48 (gap left over on 6/10/2009). Immediate downside support is adjusted to USc39.37-39.00.