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Feeder Cattle NOVEMBER 2021 – approaching a price line that has been previously tested numerous times in the past

Feeder Cattle NOVEMBER 2021 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 33 days and may test it again within the next 2 days.

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FRA40 is quickly approaching 6514.0000. We expect either a breakout through this line, or a rebound.

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After testing resistance twice in the past, Home Depot Inc. has finally broken through. Can we expect a bullish trend to follow?

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