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After testing support twice in the past, Live Cattle AUGUST 2021 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Live Cattle AUGUST 2021 through the support line of a Flag could be a sign of the road ahead. If this breakout persists, we expect the price of Live Cattle AUGUST 2021 to test 119.1910 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.

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We expect HG to trend downwards with a 66.67% chance.

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