Soybean Meal MARCH 2022 has broken through a support line of a Triangle and suggests a possible movement to 398.4784 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Related Posts
If you’re short Brent Crude you should be aware of the rapidly approaching level of 68.2940
Brent Crude is moving towards a resistance line. Because we have seen it retrace from this level in…
After experiencing a 28.06% bearish move in the space of 26 days, nobody knows where Natural Gas is headed.
A movement of 28.06% over 26 days on Natural Gas doesn’t go unnoticed. You may start considering where…
US Oil is quickly approaching a very important level it has previously tested numerous times in the past
US Oil is moving towards a support line. Because we have seen it retrace from this level in…