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Live Cattle AUGUST 2023 has broken through resistance of a Ascending Triangle. It has touched this line at least twice in the last 48 days.

Live Cattle AUGUST 2023 has broken through a resistance line. It has touched this line at least twice in the last 48 days. This breakout may indicate a potential move to 180.7346 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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