{"id":16196,"date":"2020-08-05T12:15:17","date_gmt":"2020-08-05T20:15:17","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16196"},"modified":"2020-09-04T11:26:36","modified_gmt":"2020-09-04T19:26:36","slug":"bean-oil-quick-view-daily-chart-and-futures-trading-levels-8-06-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/bean-oil-quick-view-daily-chart-and-futures-trading-levels-8-06-2020\/","title":{"rendered":"Bean Oil Quick View & Daily Chart and Futures Trading Levels 8.06.2020"},"content":{"rendered":"

_________________________________________________<\/span><\/b><\/em><\/p>\n

Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n

_________________________________________________<\/span><\/b><\/em><\/p>\n

Dear Traders,<\/p>\n

\n
\n
Like us on FaceBook!<\/div>\n
www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n
\n
\n
Get Real Time updates and\u00a0market alerts on Twitter!<\/a><\/div>\n
<\/div>\n<\/div>\n
\n
<\/div>\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
\n
\n
\n
\n
Bean Oil Quick View<\/strong><\/div>\n
By John Thorpe, Senior Broker<\/div>\n
<\/div>\n
There is no mention in the Sino-US phase one trade deal, the Chinese can\u2019t fulfill their food security needs\/obligations of soybean purchases in beans alone, their obligations can also be met through the edible oil market. Here is a daily chart on the soybean oil futures market. December CBOT Bean oil ZLZ20<\/div>\n<\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
Click on image below for larger view<\/a><\/div>\n<\/div>\n
<\/div>\n
\n
\"soybean<\/div>\n
<\/div>\n<\/div>\n
<\/div>\n
\n
\n
From the springtime bottom, through the guiding hands, you can see likely support and resistance that this market will likely test.<\/div>\n
<\/div>\n
\u00a0A Weaker US Dollar vs the Brazilian Real\u2019s relative strength equates to higher demand for U.S Dollar denominated Soybean oil supply impacting the soybean oil futures market.<\/div>\n
<\/div>\n
Try a demo of the same software used to produce the chart above. Free software with advanced tools.<\/a><\/div>\n<\/div>\n
<\/div>\n<\/div>\n
<\/div>\n
<\/div>\n

Good Trading<\/strong><\/h3>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n

 <\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

8-06-2020<\/p>\n

\"soybean<\/p>\n

 <\/p>\n


\n<\/a>Economic Reports, source:\u00a0<\/strong><\/h3>\n

https:\/\/bettertrader.co\/\u00a0<\/a><\/p>\n

\n
\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\"soybean<\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

_________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 _________________________________________________ Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Bean Oil Quick View By John Thorpe, Senior Broker There is no mention in the Sino-US phase one trade deal, the Chinese can\u2019t fulfill their food security needs\/obligations of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-16196","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=16196"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16196\/revisions"}],"predecessor-version":[{"id":16252,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16196\/revisions\/16252"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}