InvestingScope

Live Cattle: Long term Sell opportunity.

Short
CME:LE1!   Live Cattle Futures
The price was recently rejected on the long term Sell Zone of 127.825 - 134.425. For almost 2 years this belt has been used as a sell point by the market. This is a good long term opportunity to go short and target a price above the 101.625 - 104.250 Buy Zone.




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