Soybean Meal DECEMBER 2023 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 14 hours.
Related Posts
Big movement possible on Brent Crude after a breach of 66.2790
Brent Crude has broken through a support line. It has touched this line numerous times in the last…
Because Natural Gas formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
A Channel Down pattern was identified on Natural Gas at 2.7805, creating an expectation that it may move…
A possible move on Silver Spot as it heads towards support
Silver Spot is approaching the support line of a Channel Up. It has touched this line numerous times…