I'm going to address two markets and three possible trades:live cattle; lean hogs; and spreading the two against one another.
December live cattle: After a 6.5% appreciation this summer it appears that live cattle reached an interim top in recent dealings, as prices have started to roll over. Prices are now under their 20-day mobbing average and headed lower. I've suggested bearish exposure and would use the Fibonacci levels as exit targets....209 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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