Livestock Roundup | 12.08.21

Live Cattle (February)


February live cattle had an inside day yesterday, trading within the previous day’s range. This does little to change the technical landscape which leaves us holding a bullish bias. A break and close below support from 137.50-137.85 is the line in the sand that would neutralize our optimism. On the resistance side of things, the Bulls want to chew through.....