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Breach of 358.0000 could mean a start of a bullish trend on Soybean Meal SEPTEMBER 2021

Soybean Meal SEPTEMBER 2021 has broken through a line of 358.0000. If this breakout holds true, we expect the price of Soybean Meal SEPTEMBER 2021 to test 363.5200 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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After testing support twice in the past, Jpmorgan Chase & Co. has finally broken through. Can we expect a bearish trend to follow?

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We expect S to trend upwards today with a 80% chance.

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