From their recent lows, soybean oil has quietly crept up by 50%, while crude oil has risen by 40%. The reason goes beyond the recent renewal of tensions in the Middle East — it runs deeper than that.
Mirco SoybeanOil Futures
Ticker: MZL
Minimum fluctuation:
0.02 per pound = $1.20
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 tradingview.com/cme/
Trading the Micro: cmegroup.com/markets/microsuite.html
cmegroup.com/markets/equities/spot-quoted-futures.html
Mirco SoybeanOil Futures
Ticker: MZL
Minimum fluctuation:
0.02 per pound = $1.20
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 tradingview.com/cme/
Trading the Micro: cmegroup.com/markets/microsuite.html
cmegroup.com/markets/equities/spot-quoted-futures.html
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