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Big movement expected on Soybean Oil DECEMBER 2019 after a breach of the resistance

Soybean Oil DECEMBER 2019 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 31.0657 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.

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We expect 6S to trend downwards for the next 2 hours.

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NAS100 has broken through support of a Channel Up. It has touched this line at least twice in the last 3 days.

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