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February LC Contract (1/5/22)

January 6, 2022 8:01 pm Published by BeefBasis

@mbacowboy – January 5, 2022

This is an interesting monthly chart of February Live Cattle, comparing the breakout from the last cattle cycle to the recent breakout in this cattle cycle. The trendlines are identical.

If the mirror pattern continues, Feb could trade sideways for several more months.

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