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LEZ2013 Commodities Futures Chart

 

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LEONES LEONES PRO LEZ2013, D, Short ,
LEZ2013: Cut of beef
86 1 1
LEZ2013, D Short
Cut of beef

Live cattle is at historical highs. 134.0-134.5 is giving good resistance. Price is poised to move towards the 2/1 Gann line. First target objective 130.75 but a long term downtrend is in the cards.

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