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Global Markets Analysis – 13 April 2017

A commentary written by Tony Tong

13.04.2017 周四 美黄豆连出现蠢蠢欲动反弹动作 耐心等待美豆油后续表现


大陆内盘油脂商品豆油棕榈油1709 主力合约,昨日周三盘中受利空消息影响,豆油棕榈油双双期价下挫急跌,终盘均以中阴K线下跌收盘,今天周四盘面期价翻红,短线出现止跌苗头,后市,我们继续保持超跌之后的下探筑底观点不变。



• USDA report boosts bearish sentiment on global edible oils.
• With the rebound of crude oil extending, the downside of edible oils remains limited.
• Considering the fact that the short-term correction has gone on for a while, we continue to seek the low point.

• Traders may retain long position.
• Retail traders without position may prepare to go long as soon as US soybean oil shows any sign of a rebound.

This post is contributed by OPF Guest Blogger, Tony Tong.

Tong used to be a capital market service rep licensed by China Futures Association. He became a professional independent trader later on. He has more than 10 years of personal experience trading in commodity futures market and is adept at cross-market analysis to identify trading opportunities. He uses fundamental analysis to filter out the best investment products and technical analysis to determine entry and exit points and consider his trading style as moderately conservative while at the same, is also very good at medium-term position trading based on technical charts.

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DISCLAIMER: This post is written for general information only. The author, publisher and/or any third party involved in the distribution of this work assume no legal responsibilities and shall have no liability whatsoever for any direct or consequential losses, costs or expenses arising from the use of the information contained herein.


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