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There goes the bull market
Soybean Meal Futures
Short
There goes the bull market
By TheCommoTrader
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May 20, 2021
2
May 20, 2021
It is clearly bad from now on, the weekly buy zone at 408.3 - 411.3 did not hold and there is a tremendous sell force yesterday at the same zone.
399.4 is where the bulls must defend or else 376.4 is the target for this short entry at 408.3.
Chart Patterns
commodity
commodityfuture
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Supply and Demand
Trend Analysis
TheCommoTrader
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