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Soybean Meal SEPTEMBER 2023 has broken through support of a Channel Up. It has touched this line at least twice in the last 8 days.

Soybean Meal SEPTEMBER 2023 has broken through a support line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 433.0163 within the next 21 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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