Soybeans NOVEMBER 2021 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 19 days.

Soybeans NOVEMBER 2021 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 19 days. This breakout may indicate a potential move to 1242.7372 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.