Soybean Meal MARCH 2022 has broken through a support line of a Rising Wedge and suggests a possible movement to 405.7108 within the next 5 hours. 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 2 days.
There is a possibility of a big movement on Soybean Meal MARCH 2022 after a breach of the support
