Soybean Meal JULY 2022 has broken through a line of 428.1000 and suggests a possible movement to 420.0400 within the next 17 hours. It has tested this line numerous times in the past, so one should wait for 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 7 days.
Big movement possible on Soybean Meal JULY 2022 after a breach of 428.1000
