Soybeans MARCH 2021 is heading towards a price line of 1412.0000 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
After testing the support line numerous times, Brent Crude is once again approaching this line. Can we expect a bearish trend to follow?
A Falling Wedge pattern was identified on Brent Crude at 65.103, creating an expectation that it may move…
Silver Spot – It’s perhaps in these huge moves where the greatest opportunity lies
Silver Spot hits 32.899 after a 14.76% move spanning 23 days.
If you’re short Brent Crude you should be aware of the rapidly approaching level of 68.2940
Brent Crude is moving towards a resistance line. Because we have seen it retrace from this level in…