Soybean Meal OCTOBER 2019 is moving towards the support line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Soybean Meal OCTOBER 2019 continues in its current trajectory, we can expect it to reach 295.1000 within the next 13 hours.
Related Posts
A very large move was recorded on Silver Spot. The size of the shift is exceptional.
Silver Spot just posted a 27.23% move over the past 48 days – a move that won’t go…
Brent Crude formed a Falling Wedge on the 1 hour chart. Retest of support in sight.
Emerging Falling Wedge detected on Brent Crude – the pattern is an emerging one and has not yet…
Breach of support could mean a start of a bearish trend on Silver Spot
This trade setup on Silver Spot is formed by a period of consolidation; a period in which the…