March soybean meal (ZMH26) futures
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How Much Lower Will Soybean Meal Prices Go?
Yahoo Finance· 2025-12-02 15:46
March soybean meal (ZMH26) futures present a selling opportunity on more price weakness. See on the daily bar chart for March soybean meal futures that prices have sold off recently, to form a bearish head-and-shoulders top reversal pattern that suggests a near-term market top is in place. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the blue MACD line is below the red trigger line and both lines are trending lower. More N ...