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EUSTX50 – breach of price line thats been previously tested numerous times before

EUSTX50 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 15 days and suggests a target line to be around 3930.6001 within the next 22 hours.

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After experiencing a 6.54% bullish move in the space of 2 days, nobody knows where Soybean Meal MAY 2021 is headed.

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We expect YM to trend upwards for the next 2 hours.

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