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Breach of support could mean a start of a bearish trend on Soybean Meal SEPTEMBER 2020

Soybean Meal SEPTEMBER 2020 has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we expect the price of Soybean Meal SEPTEMBER 2020 to test 286.8123 within the next 10 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect a 8,950 pip movement on YM for the next 2 hours.

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We expect a $17,855.682 movement on PL within the next 12 hours.

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