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Soybean Meal SEPTEMBER 2021 – approaching a price line that has been previously tested numerous times in the past

Soybean Meal SEPTEMBER 2021 is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 8 days and may test it again within the next 21 hours.

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3m Co. is quickly approaching 202.00. We expect either a breakout through this line, or a rebound.

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We expect NQ to trend upwards today with a 80% chance.

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