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InvestingScope
Feb 7, 2019 7:39 PM

Live Cattle: Long term Sell opportunity. Short

Live Cattle FuturesCME GLOBEX

Description

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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Comments
dkingofu
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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