Feeder Cattle NOVEMBER 2019 is heading towards the support line of a Rising Wedge and could reach this point within the next 21 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Soybeans May 2024 through 1190.75. Is this a confirming a breakout? Will it continue its path in the current trend toward 1193.6635?
Soybeans May 2024 moved through the resistance line of a Falling Wedge at 1190.75 on the 15 Minutes…
There is a 80% chance of C trending downwards
Based on the last 12 GDP Growth Rate QoQ Final events in United States, we could see C…
Lean Hogs June 2024 heading towards a price it has tested 6 times in the recent past.
Lean Hogs June 2024 is moving towards a line of 101.0000 which it has tested numerous times in…