The breakout of Soybean Meal OCTOBER 2021 through the 348.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Soybean Meal OCTOBER 2021 to test 339.8900 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 348.5000 numerous times, Soybean Meal OCTOBER 2021 has finally broken through. Can we expect a bearish trend to follow?
