hopscotch
Long

January Soybean Meal Wedging up

CBOT:ZMF2017   SOYBEAN MEAL FUTURES - ECBT
Jan 2017 Soybean Meal             is creating a wedge up scenario but also locked in a price channel . Look for more upside to complete Butterfly Pattern . There is also a possible double top rejection happening here from price action back in Oct 27 & 28, and seasonal trends show futures starting to slide lower most years.
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