# Live Cattle Update » Trilateral - Perspectives You Can Price On

> Trilateral's technical analysis on October 21, 2020 says live cattle futures are following an Elliott wave decline. It identifies a target zone of 102.60 to 100.20 and suggests more new lows may follow.

- Date: 2020-10-21 · published 2020-10-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8116-live-cattle-update-trilateral-perspectives-you-can-price-on
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

This is technical commentary with no new fundamental cause, but it suggests continued downside pressure on cattle values that could affect feeder margins.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- trilatinc.com: https://www.trilatinc.com/live-cattle-update/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.