Soybean Meal JULY 2023 has broken through a support line. It has touched this line numerous times in the last 12 days. This breakout shows a potential move to 418.1300 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
Is the US Oil poised for a turn-around after 5 consecutive bearish Daily candles?
After posting 5 consecutive bearish candles in 7 days, you may start considering where US Oil is heading…
It’s time to make a decision on Natural Gas – its recent breach of 3.8940 could be a sign of a new trend to follow.
Natural Gas is once again retesting a key horizontal support level at 3.8940. It has tested this level…
If Gold Spot touches 3134.3450 it may be time to take action.
The price of Gold Spot in heading back to the resistance area. It is possible that it will…