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“The cross over and close above the 60-day moving average for live cattle is an indication the longer-term trend has turned positive. Positive momentum studies in the neutral zone will tend to reinforce higher price action,” The Hightower Report said. “A feeder cattle major trend could be turning up with the close back above the 60-day moving average. The upside crossover of the9 and 18 bar moving average is a positive signal.”





