Soybeans SEPTEMBER 2019 is heading towards the support line of a Channel Up and could reach this point within the next 9 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 levels.
Related Posts
Natural Gas formed a Channel Down on the 1 hour chart. Retest of resistance in sight.
An emerging Channel Down has been detected on Natural Gas on the 1 hour chart. There is a…
Gold Spot moves higher to 3348.135 in the last 15 days.
Those of you that are trend followers are probably eagerly watching Gold Spot to see if its latest…
US Oil keeps moving closer towards 60.8000. Will it finally breach this level?
US Oil is en route to a very important line that will be a definite deciding factor of…