We appreciate requests for analysis.
This Soybean Meal request came from Travis.
He is one of the best.
We examine historical resistance and support levels dating back to 1970 using monthly and weekly line charts.
Despite the tricky nature of the current chart, we offer insights into potential buying strategies while acknowledging the market's complexities.
Discover the challenges and opportunities in the soybean meal futures market in this in-depth episode.
Video Timestamps
00:00 Introduction and Market Update Request
00:26 Historical Analysis of Soybean Meal Futures
01:13 Current Market Resistance and Support Levels
01:43 Weekly and Daily Chart Insights
02:36 Trading Strategies and Recommendations
03:11 Conclusion and Sign-Off