Soybean Oil JULY 2019 is heading towards the resistance line of a Triangle and could reach this point within the next 2 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 levels.
ARTÍCULOS RELACIONADOS
Breach of 3.5415 could mean a start of a bearish trend on Natural Gas
Natural Gas has breached the support line at 3.5415. It may continue the bearish trend towards 3.4191, or,…
Gold Spot is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
Gold Spot was identified at around 3282.8995 having recently rebounded of the support on the 1 hour data…
If Natural Gas touches 3.9275 it may be time to take action.
The movement of Natural Gas towards 3.9275 price line is yet another test of the line it reached…