Soybean Meal SEPTEMBER 2021 has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 29 days and suggests a target line to be around 347.8012 within the next 2 days.
Related Posts
Breach of resistance could mean a start of a bullish trend on Gold Spot
Gold Spot has broken through the resistance line which it has tested twice in the past. We have…
After experiencing 4 consecutive daily bearish candles in the space of 5 days, nobody knows where US Oil is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
Extreme movement experienced on Natural Gas. Check this chart to see what to do next
Those of you that are trend followers are probably eagerly watching Natural Gas to see if its latest…