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Big movement possible on NAS100 after a breach of 15693.7500

NAS100 has broken through a line of 15693.7500 and suggests a possible movement to 15790.1504 within the next 5 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

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After testing 350.5000 numerous times, Soybean Meal JANUARY 2022 is once again approaching this price point. Can we expect a bearish trend to follow?

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