Soybean Oil DECEMBER 2019 has broken through a line of 29.7300 and suggests a possible movement to 29.1800 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 21 days.
Related Posts
10 Yr Us Treasury Note June 2024 experienced a very large 31 days bearish move to 107.375
An unexpected large move has occurred on 10 Yr Us Treasury Note June 2024 Daily chart beginning at…
A possible move by E-Mini S&P 500 June 2024 towards 5193.8499
This trade setup on E-Mini S&P 500 June 2024 is formed by a period of consolidation; a period…
We expect NQ to trend upwards for the next 12 hours.
Based on the last 12 BoJ Interest Rate Decision events in Japan, we could see a $5053858 movement…