Soybean Meal Bearish Butterfly

A potential bearish Butterfly for Meal crossing over pivot. Upside target R1 at 341.6 where RSI should top out.

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SM almost reached 336. An end is near for SM with the long wick.

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SM turn on R1 as projected. Downside target pivot for now. May not reach S1. 20 day moving average might be full retrace at 325

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Meal looking at a brief retrace before continuing up. We may only get a retrace to pivot at 328

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Meal still looking at pivot.

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Noting new to report. No clear direction. Could be a fall, or another upside move. Pivot right now is target.

手動でトレードを終了しました:

New pivots have formed. Going to new chart outlook.