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TheCommoTrader

There goes the bull market

Short
Soybean Meal Futures (CBOT:ZM1!)  
TheCommoTrader  
CBOT:ZM1!   Soybean Meal Futures
Trend Analysis Supply and Demand Chart Patterns investplus commodity commodityfuture
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trendanalysis supplyanddemand chartpattern investplus commodity commodityfuture
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.
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