SBO Update from 19 Feb 2026Soybean Oil FuturesCBOT:ZL1!micchuaMarket appears volatile and impulsive in the light of the political situation in the Middle East. Technically wave (c) of a lager degree wave b is unfolding with resistive objective suggested at areas 71.42-72.59 / 76.64 /93.23-93.98. Current bar displayed imminent correction possibility towards 62.53-62.69 / 60.62 and likely a wave 4 congestion before attempting higher levels mentioned above.