Chart of the Day – July Soybean Oil

Jeff FosseGeneral Commentary Leave a Comment

The information and opinions expressed below are based on my analysis of price behavior and chart activity A bearish engulfment on the Weekly chart, immediately followed by a bearish engulfment on the daily chart. Is Bean Oil turning lower? Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and …

Chart of the Day – July Soybean Oil

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, May 1, 2025 July Soybean Oil (Daily) Today, July Soybean Oil closed at 49.70, up 0.73 on the day.  A few weeks ago I wrote about this market here if you’d like to revisit that article.  Since then, Bean Oil has rallied …