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Live Cattle DECEMBER 2021 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 21 days.

Live Cattle DECEMBER 2021 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 21 days. This breakout indicates a potential move to 129.8835 within the next 12 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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US30 – breach of a trending resistance line that has been tested at least twice before.

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