I have been looking into soybean oil futures and agriculture in general as a shirt away from equities. I noticed something interesting (and you will probably call me crazy), but it seems soybean oil can sometimes be an indicator of what is to come on the S&P and markets in general. Perhaps the effects hit it faster or perhaps soybean oil can tell the future, but I thought it was interesting nonetheless. On that point, check out what is happening in recent days to it...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.