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Soybean Oil (ZL): July 18th 2019

Soybean Oil Futures (CBOT:ZL1!)  
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CBOT:ZL1!   Soybean Oil Futures
Support and Resistance Supply and Demand Elliott Wave ewcount soybeanoil soybeanoilelliottwave
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supportandresistance supplyanddemand elliottwaves ewcount soybeanoil soybeanoilelliottwave
Decision area : 27.60 - 27.70

1. In order to bolster the ending diagonal idea (as per ZL analysis on July 8th 2019), price needs to trade way below 27.54
2. If price is not able to decisively pierce through the decision area, the 3-drive pattern may unfold.

#contengconteng #zl #soybeanoil
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