Soybean Meal Futures (Mar 2023)
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Weekly Forecast (December 27 – 30, 2022)

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Uptrend scenario
An uptrend is not expected, but possible correction to 466 – 471.
Downtrend scenario
An downtrend will start from resistance 466 – 471 or as soon, as the market drops below support level 443.4, which will be followed by moving down to support level 420.

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