Soybean Meal JANUARY 2022 has broken through a resistance line of a Channel Down and suggests a possible movement to 357.4802 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.
There is a possibility of a big movement on Soybean Meal JANUARY 2022 after a breach of the resistance
