Soybean Meal MAY 2021 has broken through a line of 405.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 400.1500 can be expected within the next 18 hours.
Important price line breached by Soybean Meal MAY 2021. This price has been tested numerous times before.
