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Resistance line breached by 3m Co.. This price has been tested at least twice before.

3m Co. has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 205.86 can be expected within the next 2 days.

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After testing 149.9000 numerous times, Feeder Cattle AUGUST 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

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