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January Feeder Cattle Possible Correction

Short
CME:GFF2017   Feeder Cattle Futures (Jan 2017)
With the rise in corn, January Feeder Cattle under pressure to make a correction. Having a tough time crossing the 61.8 level of a Gartely pattern. Look for prices to fall to 31.8 and beyond. Watch corn prices. If they continue to go up, Feeders will go down.

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