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Could a large bearish move on Feeder Cattle AUGUST 2021 be a sign of things to come?

Feeder Cattle AUGUST 2021 has experienced an exceptionally large movement lower by 9.25% from 161.9 to 146.65 in the last 24 days.

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Important price line being approached by Jpmorgan Chase & Co.. This price has been tested numerous times before.

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Merck & Co. Inc. – approaching a price line that has been previously tested numerous times in the past

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