The movement of Soybean Meal MAY 2021 towards 414.1000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 414.1000 numerous times, Soybean Meal MAY 2021 is once again approaching this price point. Can we expect a bearish trend to follow?
