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A final push expected on Soybeans MAY 2021 as it starts approaching a price line of 1408.0000.

Soybeans MAY 2021 is heading towards a price line of 1408.0000 and could reach this point within the next 22 hours. 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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Chevron – breach of a trending support line that has been tested at least twice before.

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We expect SI to trend downwards today with a 80% chance.

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