Buying a Bean Oil / Soybean Inter-Commodity Spread

Inter-commodity spreads have been working of late so it's time to recommend a trade in the grain market. The Long Soybean Oil N20, Short Soybeans N20 spread has been edging up lately but is still below the channel formed by the 5-yr and 15-yr patterns. This spread has profited in 13 of the last 15 years when opened on 9/20 and closed on 10/2. The profit to draw-down ratio is strong at 193% and the average win is over 3.5x the average loss. On Friday, I will be buying BON20 and selling SN20 at a limit of ($28,000).