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Soybeans MAY 2022 – approaching a price line that has been previously tested numerous times in the past

Soybeans MAY 2022 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 17 hours.

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After experiencing a 10.92% bullish move in the space of 18 days, nobody knows where Wal-Mart Stores is headed.

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We expect 6E to trend upwards today with a 66.67% chance.

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