Feeder Cattle AUGUST 2019 is moving towards the resistance line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Feeder Cattle AUGUST 2019 continues in its current trajectory, we can expect it to reach 139.9000 within the next 14 hours.
Related Posts
US Oil is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 3 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
After testing 65.0960 numerous times, Brent Crude is once again approaching this price point. Can we expect a bullish trend to follow?
Brent Crude is about to retest a key horizontal resistance level near 65.0960. It has tested this level…
After testing the support line numerous times, Gold Spot is once again approaching this line. Can we expect a bearish trend to follow?
Gold Spot is approaching the support line of a Channel Down. It has touched this line numerous times…