Live Cattle AUGUST 2022 has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 33 days and suggests a possible target level to be around 137.6198 within the next 3 days.
Related Posts
Silver Spot is approaching 30.9130. We expect either a breakout through this line, or a rebound.
Silver Spot is about to retest a key horizontal resistance level near 30.9130. It has tested this level…
Bulls aim for 68.1071 after the US Oil triggered a bearish formation on the 4 hour chart
US Oil has broken through a support line of a Channel Up chart pattern. If this breakout holds…
Natural Gas moves higher to 3.3735 in the last 23 days.
Natural Gas hits 3.3735 after a 50.91% move spanning 23 days.