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Could a large bearish move on Soybean Meal DECEMBER 2021 be a sign of things to come?

Soybean Meal DECEMBER 2021 has experienced an exceptionally large movement lower by 8.26% from 346.6 to 314.3 in the last 30 days.

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Resistance line breached by GER30. This price has been tested at least twice before.

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Travelers Cos Inc. is quickly approaching 155.48. We expect either a breakout through this line, or a rebound.

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