Soybean Oil MARCH 2023 has broken through a line of 62.4400 and suggests a possible movement to 61.5100 within the next 21 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 8 days.
Related Posts
Gold Spot through 2564.985. Is this a confirming a breakout? Will it continue its path in the current trend toward 2586.9621?
Gold Spot has broken through a resistance line. It has touched this line at least twice in the…
If you’re long Natural Gas you should be aware of the rapidly approaching level of 2.3680
Natural Gas is heading towards a line of 2.3680. If this movement continues, the price of Natural Gas…
Important resistance line being approached by US Oil. This price has been tested numerous time in the last 2 days
US Oil is heading towards the resistance line of a Channel Up and could reach this point within…