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After testing 157.6250 numerous times, Feeder Cattle NOVEMBER 2021 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Feeder Cattle NOVEMBER 2021 through the 157.6250 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Feeder Cattle NOVEMBER 2021 to test 159.8950 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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