Feeder Cattle MAY 2023 is heading towards a line of 206.9250. If this movement continues, the price of Feeder Cattle MAY 2023 could test 206.9250 within the next 2 days. 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.
Feeder Cattle MAY 2023 is approaching 206.9250. We expect either a breakout through this line, or a rebound.
