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After testing 162.4750 numerous times, Feeder Cattle NOVEMBER 2021 is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Feeder Cattle NOVEMBER 2021 towards 162.4750 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Johnson & Johnson experienced a very large 55 days bearish move to 157.76

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EUSTX50 – breach of a trending resistance line that has been tested at least twice before.

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