July Soybean Meal bullish Gartley

Soybean Meal Futures (Jul 2018) (CBOT:ZMN2018)

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CBOT:ZMN2018 Soybean Meal Futures (Jul 2018)

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.

评论:

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

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