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Soybean Oil OCTOBER 2020 – approaching a price line that has been previously tested numerous times in the past

Soybean Oil OCTOBER 2020 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 2 days.

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Boeing Co. – breach of a trending resistance line that has been tested at least twice before.

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We expect a $0.38 movement on HG within 48 hours following the release of Existing Home Sales.

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