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hopscotch
Apr 16, 2018 8:09 PM

July Soybean Meal bullish Gartley 

Soybean Meal Futures (Jul 2018)CBOT

Description

July SM is nearing breach of 20 day MA. Either we will have a bounce using 20 day as support or a breach. Fail twice at highs of 397.6 and double top rejection would gives us hope of breach of 20 day and Gartley. S3 should take us to oversold RSI.

Comment

Meal under 20 Day MA but not budging much past that. No real direction yet.
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