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A final push expected on Soybeans JANUARY 2021 as it starts approaching a price line of 1064.5000.

Soybeans JANUARY 2021 is heading towards a price line of 1064.5000 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 lines.

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We expect SI to trend downwards for the next 2 hours.

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US30 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 6 days.

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