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GER30 is quickly approaching 15376.0000. We expect either a breakout through this line, or a rebound.

GER30 is heading towards a line of 15376.0000. If this movement continues, we expect the price of GER30 to test 15376.0000 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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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?

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