Soybean Meal
Soybean Meal has been trading inside of a tight range in between weekly supports and a daily resistance level for about two weeks. On this daily time frame an evening star and a bullish engulfing pattern have formed at weekly levels showing that the bulls are buying up everything between 400 - 390. The question is, will there be enough momentum accumulated for a convincing close above the daily falling trend line plus follow through...
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