On June 19, the analysis of Everbright Futures pointed out that the market is still in the process of correcting errors, and the bullish themes continue to release support, and the US soybean is expected to continue to rise.
The speed of upward rush may slow down, because the rain in the production areas in the next two weeks and the price of US soybeans will gradually approach the previous resistance level. For the domestic market, this week ushered in the Dragon Boat Festival holiday.
Considering that there is a certain increase in oil and oil, beware of concentrated profit-making and liquidation of funds before the festival.
Therefore, although we are still bullish on the market, we do not recommend that you chase the rise. You can consider profit-making liquidation for long orders, reverse holding of soybean meal during the month, and full holding of soybean oil during the month.
