Wyckoff's Weekly Grain Outlook: No Major Surprise in Cattle Feed Report
ANALYSIS - Friday's Cattle on Feed report was treated as neutral by traders which means a lot of traders are now looking ahead to the week's close.
20 May 2014
1 minute read
Down trending prices could be a technical clue of a market top, but TheCattleSite analyst Jim Wyckoff says this may be confirmed by price results on Friday.
If Friday closes with higher bids, this could be a sign that bulls are reinvigorated to press for higher values. In contrast, low prices could confirm a top.
TheCattleSite News Desk
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