Soybean Meal JULY 2023 has broken through a resistance line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 414.1798 within the next 20 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Breach of 63.0270 could mean a start of a bullish trend on US Oil
A strong resistance level has been breached at 63.0270 on the 1 hour US Oil chart. Technical Analysis…
A possible move on Natural Gas as it heads towards support
Natural Gas was identified at around 3.219 having recently rebounded of the resistance on the 30 Minutes data…
Silver Spot is quickly approaching a very important level it has previously tested numerous times in the past
A strong support level has been identified at 32.0875 on the 30 Minutes Silver Spot chart. Silver Spot…