Soybean Meal DECEMBER 2022 has broken through a line of 408.0000 and suggests a possible movement to 410.4400 within the next 7 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
Related Posts
If you’re short Natural Gas you should be aware of the rapidly approaching level of 3.4655
Natural Gas is en route to a very important line that will be a definite deciding factor of…
After testing the support line numerous times, Gold Spot is once again approaching this line. Can we expect a bearish trend to follow?
Gold Spot is heading towards the support line of a Channel Down. If this movement continues, the price…
Natural Gas seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 3.4615 on the 30 Minutes Natural Gas chart. Natural Gas…