CATTLE —Dec live cattle prices are trading sideways within a 10-month 9-cent range. Bearish factors include (1) demand concerns after US Sep beef exports tumbled -20% y/y, and (2) +0.6% rise in the overall...
LIVE CATTLE: Dec Yesterday's action consisted of mostly lack of selling in the front months. An open and hold above $83.57 this morning will keep the market supported with bounces most likely running into resistance early at $84.15.
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before...
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