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
Gold Spot broke through a resistance at 2025-06-30T18:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 3336.0673.
This trade setup on Gold Spot is formed by a period of consolidation; a period in which the…
Breach of 3.5415 could mean a start of a bearish trend on Natural Gas
Natural Gas has breached the support line at 3.5415. It may continue the bearish trend towards 3.4191, or,…
Gold Spot is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
Gold Spot was identified at around 3282.8995 having recently rebounded of the support on the 1 hour data…