- New Science in old markets -

Soya oil makes a top, wheat compresses

Soya bean oil has been rallying all month, while the rest of the soya complex has crawled modestly higher.  This is an opportunity to sell some bean oil short hereabouts. Meanwhile, wheat has been trading sideways and has just made  a daily-scale compression in the CBoT March 2017 contract. This tell us that this trading range will not last much longer and that a new trend will probably start soon:

Bean oil top, wht comp