Cattle Test Their 3 Month Uptrend January 19, 2023
Chart action is important to note here with April fats testing their general three month uptrend today. The day's close held that support point. Five days of sharp losses have pushed March feeders back to pricing not seen since November 15. Five days have cleared out seven weeks of gains. We'll monitor whether 179.17 support from lows made back in November hold today.
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