Soybean Meal DECEMBER 2023 is heading towards 422.0000 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Important price line being approached by Gold Spot. This price has been tested numerous times before.
Gold Spot is moving towards a key support level at 2729.2000. Gold Spot has previously tested this level…
Natural Gas – breach of a trending resistance line that has been tested at least twice before.
Natural Gas has broken through the resistance line which it has tested twice in the past. We have…
After testing 75.2730 numerous times, Brent Crude has finally broken through. Can we expect a bullish trend to follow?
The price of Brent Crude in heading in the direction of 77.2471. Despite the recent breakout through 75.2730…