ZLmain (Soybean Oil - main 2603)
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avatarReynor
01-29 11:49

Is Copper the Next Silver? CFTC Data Hints at a Base Metals Bull Run

Hi everyone! Today we’re breaking down the latest CFTC data—the Commitments of Traders report published weekly by the U.S. Commodity Futures Trading Commission. If you trade futures, this is a must-watch indicator. Why? Because it reveals the balance between bulls and bears, tracks where big money is flowing, and offers key insights into market sentiment and price expectations. $白银主连 2603(SImain)$ $白银2603(SI2603)$ The report splits traders into two main groups: Commercial traders (industry players like miners or manufacturers hedging real exposure) Non-commercial traders (speculators—hedge funds, institutional players betting on price moves) We’ll walk through it together so yo
Is Copper the Next Silver? CFTC Data Hints at a Base Metals Bull Run

ZL #F: Soybean Oil Provides a Long Opportunity in 3 Swings Pullback

ZL #F: Soybean Oil Provides a Long Opportunity in 3 Swings Pullback April 19, 2023 By EWF Helgi Soybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable oil, basically, for frying and baking. Also, soybean oil finds applications medically and, when processed, for printing inks and oil paints. One can trade Soybean Oil futures at Chicago Board of Trade in contracts of 60’000 pounds each under the ticker ZL #F. In the initial article from November 2020, we have forecasted an new cycle higher from an important bottom in April 2020. We were right. Indeed, the prices have extended to the new all-time highs by printing a top at 73.74. Then, in December 2021, we were exp
ZL #F: Soybean Oil Provides a Long Opportunity in 3 Swings Pullback
avatarStopHunter
2022-08-09
$Soybean Oil - main 2212(ZLmain)$futures - time to buy the dip? Starting to get into historical bullish seasonality zone, COT Large speculator data following price up which is what we want to see. Current POV - Bullish. $Soybean Oil - Dec 2022(ZL2212)$ - most traded front contract 139k open interest, SEP'22 61k open interest.[See attached charts]Key price zones - Congestion zone = 60.50 to 66. More bullish > 66.11, bearish < 61.70Targets & Risk Management....Bullish upsides: T1: 72, T2: 85, T3: 95Bearish Downsides: T1 60 T2 53 T3: 44Stops: Bullish 62, Bearish 67Visit my YouTube channel for loads of free educational content / courses / tips / anal

Food prices remain high

Prices of agricultural commodities are falling, but as production also falls, hunger threatens to become an increasing problem. Even before the agreement between Ukraine and Russia on the transportation of grain across the Black Sea, agricultural commodity prices were under pressure, helped by fears of recession, a good harvest in Russia and hopes of resuming grain exports from Ukraine. Yet the underlying factors that drove prices upward are unchanged. The war in Ukraine is just one of many factors influencing food prices. Besides war, climate change is also playing an increasing role.Because of the war, Ukraine exported 40% less grain in June than in the same month in 2021. When farmers cannot sell their grain, they do not have the means to buy new seeds and fertilise the land. However, h
Food prices remain high