The breakout of Soybean Meal MAY 2021 through the 431.8000 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 MAY 2021 to test 436.4300 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 431.8000 numerous times, Soybean Meal MAY 2021 has finally broken through. Can we expect a bullish trend to follow?
