Is it inversion time for the january 2016 soybean meal future?
If we look at the COT Index, the commercials bullish stance could confirm our guess.
Also looking at the seasonality we see a bullish trend that would suggest a reversal.
Finally, looking at patterns, we can see a noticeable bullish engulfing (key reversal as well) which, according to the Volume Spread Analysis, can be defined as a 'stopping volume' bar.
Soybean meal provides appealing reversal signals. Maybe it would be appropriate to wait until a trendline break before entering long.
Remember: this is not a trade solicitation and, if you decide to trade, you do it at your own responsibility.