Either a rebound or a breakout imminent on Live Cattle DECEMBER 2019
Live Cattle DECEMBER 2019 is heading towards the support line of a Rising Wedge. If this movement continues, we expect the price of Live Cattle DECEMBER 2019 to test 108.0500 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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