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Merck & Co. Inc. – approaching a price line that has been previously tested numerous times in the past

Merck & Co. Inc. is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 18 days and may test it again within the next 22 hours.

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After experiencing a 8.94% bullish move in the space of 22 days, nobody knows where Soybean Meal OCTOBER 2020 is headed.

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We expect a 0 pip movement on 6J within 12 hours following the event release.

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