Soybean Meal OCTOBER 2019 is heading towards the support line of a Channel Down and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Corn May 2024 may be on a start of a new bullish trend after its breakout through this important resistance level
The breakout of Corn May 2024 through the 442.0000 price line is a breach of an important psychological…
Is the extremely large movement on Soybean Oil May 2024 a sign of things to come?
An unexpected large move has occurred on Soybean Oil May 2024 1 hour chart beginning at 49.48 and…
Breach of 120.4375 could mean a start of a bullish trend on Us Treasury Bond June 2024
Us Treasury Bond June 2024 has broken through a line of 120.4375 and suggests a possible movement to…