Feeder Cattle Futures (Jan 2017)
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Jan Feeder Cattle Held Firm

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Although corn prices rose strongly, Jan Feeder Cattle held firm to keep Elliot Wave still in play. Seeing the structure of corn locked in a wedge, and a lot of corn still out there, we may see Feeders rise tomorrow. Previous incarnations of a Bearish cross showed upside possibilities. Gartely still possible to 132.675

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