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US30 is quickly approaching 34203.0000. We expect either a breakout through this line, or a rebound.

US30 is heading towards a line of 34203.0000. If this movement continues, we expect the price of US30 to test 34203.0000 within the next 10 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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Feeder Cattle AUGUST 2021 – approaching a price line that has been previously tested numerous times in the past

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We expect NE to trend upwards today with a 66.67% chance.

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