Livestock Roundup

Live Cattle (December)

Live cattle futures recovered their losses from Friday but failed to get much else going as market participants search for new news to propel us in the next direction. The technical trend over the last month suggests higher, as we have been consistently making higher lows and higher highs. If the Bulls can achieve consecutive closes above 111.00-111.875, we could see momentum take us to.....Please sign up for a Free Trial at Blue Line Futures to have our entire technical outlook, actionable bias, and proprietary levels emailed each morning.