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TFC Commodity Trading Forum

Cattle Daily *PIC*

You have a daily cattle turn date on Wednesday... It's not a strong one. You may see a two day correction here to test support at 240... If this high today holds tomorrow you may see a run to test a tentative reversal at 238.47... worse case you would see the 3rd tentative be hit at 235.15. The next turn on the daily will be a low aggregate on Friday...

If you are interested in a short here you would protect 246.20 on a closing above.


 
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