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Important price line being approached by 3m Co.. This price has been tested numerous times before.

3m Co. is moving towards a line of 196.66 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If 3m Co. continues in its current trajectory, we can expect it to reach 196.66 within the next 2 days.

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After experiencing a 36.65% bullish move in the space of 38 days, nobody knows where Soybean Oil JULY 2021 is headed.

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We expect SI to trend downwards today.

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