16May
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05-16-2011: Soybean Meal converging trend lines

Published on: 5/16/2011 by Nigel B. 1 years 4 days ago

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The daily chart of Soybean Meal has a consolidation on it with converging trend lines.  Looking for a downside break for now.  Place a sell stop to enter a short trade @ 342.00 even. If filled, enter a protective buy stop @ 355.00.

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