The breakout of Feeder Cattle SEPTEMBER 2021 through the 162.0000 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 SEPTEMBER 2021 to test 160.2375 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 162.0000 numerous times, Feeder Cattle SEPTEMBER 2021 has finally broken through. Can we expect a bearish trend to follow?
