Feeder Cattle JANUARY 2020 has broken through a line of 143.1000 and suggests a possible movement to 141.1625 within the next 21 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 22 days.
Big movement expected on Feeder Cattle JANUARY 2020 after a breach of 143.1000
