Soybean Meal January 2024 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 426.2227 may materialize within the next 2 days.
Soybean Meal January 2024 has broken out from the Triangle pattern. Expect it to hit 426.2227 soon.
