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After testing resistance twice in the past, Live Cattle APRIL 2020 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Live Cattle APRIL 2020 through the resistance line of a Falling Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Live Cattle APRIL 2020 to test 121.3615 within the next 2 days. 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 a $15,428.743 movement on GI within 12 hours following the event release at 14 Feb 15:00.

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US30 – approaching a price line that has been previously tested numerous times in the past

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