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Soybean Meal OCTOBER 2022 – breach of a trending support line that has been tested at least twice before.

Soybean Meal OCTOBER 2022 has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 9 days and suggests a possible target level to be around 413.0501 within the next 2 days.

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Soybean Meal OCTOBER 2022 – cassure d’une ligne de tendance de support qui avait déjà été testée au moins deux fois auparavant.

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Live Cattle OCTOBER 2022 is approaching 145.2000. We expect either a breakout through this line, or a rebound.

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