Feeder Cattle MAY 2020 has broken through a line of 116.5000. If this breakout holds true, we expect the price of Feeder Cattle MAY 2020 to test 107.2200 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Breach of 116.5000 could mean a start of a bearish trend on Feeder Cattle MAY 2020
