Live Cattle Market: Buying Opportunity Ahead
Update: 2025-12-12
Description
February live cattle futures surge to six-week high, presenting a potential buying opportunity. Technical analysis shows a bullish V-Bottom reversal pattern and a bullish MACD indicator. Strong consumer demand for beef, despite record-high prices, further supports the markets upward trend. A move above $232 would signal a buying opportunity, with an upside target of $250 or higher. Technical support is at $224.
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