Soybeanoil
USD Weakness and its OpportunitiesThe USD may be weaker, but it does mean that its bad.
Because a softer USD, some assets are starting to trend higher.
We will do a comparison between the USD and some of these assets or commodities, to see how reactive they are when the USD has trended lower in the recent months.
Soybean Oil Futures & Options
Ticker: ZL
Minimum fluctuation:
1/100 of one cent (0.0001) per pound = $6.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Inflation & Agricultural Prices - On the Rise Again Inflation is expected to rise again because the prices of staples such as wheat, rice, corn, and soybean meal have been increasing over the last two months. Additionally, we've seen a 20% increase in soybean meal prices since the low in February.
Chicago SRW Wheat Futures & Options
Ticker: ZW
Minimum fluctuation:
1/4 of one cent (0.0025) per bushel = $12.50
Soybean Meal Futures & Options
Ticker: ZM
Minimum fluctuation:
0.10 per short ton = $10.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
3 Inflation Scenarios for 2023There are only 3 inflation scenarios that will happen till the end of 2023:
i. Improve CPI to 2%
ii. Range CPI to hover between the band of 5-8%
iii. Continue to trend higher breaking above 9%
Many investors believe scenario (i) & (iii) will be unlikely.
70% of the investors feel that CPI should settle unchanged from how the year started at between 5%-8%.
Therefore, what is moving up then? Both the long-term and short-term? I have explained in the above video.
Feeder Cattle Futures
Minimum price fluctuation:
0.00025 per pound = $12.50
TAS: Zero or +/- 4 ticks in the minimum tick increment of the outright
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
OIL Natural Gas Soybean Oil9.23.21 OIL Natural Gas Soybean Oil: these are 3 active markets with possible entrees in two of them in yesterday and today. I am showing one way of using balance lines...it is up to you to decide if they work for you. I have used them for years...I use them when the decision making leads me to this kind of analysis. Like everything else they are a tool...not a promise.