The breakout of Soybean Meal DECEMBER 2020 through the 335.2000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Soybean Meal DECEMBER 2020 to test 330.5000 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
US Oil through 68.8060322580645. Is this a confirming a breakout? Will it continue its path in the current trend toward 71.0274?
US Oil moved through the resistance line of a Double Bottom at 68.8060322580645 on the 4 hour chart.…
Gold Spot keeps moving closer towards 3345.4700. Will it finally breach this level?
Gold Spot is moving towards a key resistance level at 3345.4700. Gold Spot has previously tested this level…
Silver Spot breakout from a Triangle trade setup. Will it continue this trend to hit the target price?
Silver Spot has broken through a resistance line. It has touched this line at least twice in the…