InvestingScope
Short

Live Cattle: Long term Sell opportunity.

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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Just throwing out an idea, If you look at it on a 3-year weekly chart pattern it shows a potential triple bottom
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