#Soybean meal futures #Night closing analysis. After a crazy surge in the past few days, soybean meal finally ushered in a wave of decent high dive after last night's close. Look at the #US soybean meal #main contract.

#Soybean meal futures # Night closing analysis.

After a crazy surge in the past few days, soybean meal finally ushered in a wave of decent high dive after last night's close. Look at the #US soybean meal #main contract. From the closing time of the inner session from 23:00 last night to this morning, the high dive of the main us soybean meal contract in the outer plate was about 4.7%.

In fact, from a technical point of view, this high dive is imperative, because 5, 10, 15, 30 minutes, 1, 2, 3, 4 hours and even the daily line and other cycles have been top divergence resonance or there are signs of top divergence resonance. My strategy can predict the high pullback, but it cannot predict when the pullback will be, I cannot accurately predict from which high point to start the turn, and I cannot predict how large the pullback will be.

This high diving just happened to appear in the closing session of the inner market night, borrowing the inner disk to play a sneak attack during the market break, feeling that there is a possibility of being controlled by people, and taking advantage of the time difference to harvest and chase more orders. Just like during the Spring Festival intraday market break, the outer market soared and harvested against the trend of short orders.

Now whether it is #soybean meal futures# or #rapeseed meal futures#, if you don't take profit in time, the morning profit is estimated to be a sharp retracement. If the chasing position is not good, it will lose money in the short term.

Now the US soybean meal 5, 10, 15, 30 minute cycle has been determined to be a downward trend pattern, and has not seen a small cycle of short flip multi-form, to stabilize and then rise, it is estimated to be the bottom of the consolidation for a while.

Although the US soybean meal has dived high, the daily line is still rising. Whether the daily line will continue to go down, can only walk and see.