December live cattle chart remains in a uptrend

8 months ago 110

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The Hightower Report said, “A wide ranging day yesterday after testing the contract highs early in the session but the December live cattle chart remains in an uptrend, at least until the market can take out this week’s low at 225.92. Stairstep higher action has been the market’s theme since the bull market started nearly a year ago. Traders can look for a shift to lower highs and lower lows as an initial sign the uptrend is ending.”

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