The Soybean Meal market has traded down to this 305.0 – 302.0 level a few times in the past few months. Have a look at the subsequent price action in December 2018 Soybean Meal (ZMZ8) and let’s get involved! I also sent out a Trade Idea earlier this morning in the newsletter…Cullen Outlook subscribers, check your email for trade details!
December 2018 Soybean Meal (ZMZ8)
We are getting involved in soymeal this morning on the familiar support. Time to go to work!
BUYING at 304.0
Risk will be the 299.0 level ($500)
Targets will be the 314.0 level ($1000) and onto the 324.0 level ($2000)
TRADE IT WHEN YOU SEE IT!!!
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