Lanmar
Long

Live Cattle Analysis (Revised)

CME:LE1!   LIVE CATTLE FUTURES
A strong case could still be made for a rebound in beef prices. I am a buyer.

I don't pay much attention to many indicators, but I always pay attention to volatility .
Comment: long trade still not executed. I am baffled by the weakness in all meats. This is a situation where I become more interested in learning the real fundamentals behind meat prices
Comment: Going long tomorrow
Comment: Up nearly 10%. First target is 116.40
Trade closed: target reached
Trade active: I am now short. Stop above 121. A retest of the 102 level is in the cards. Will buy there if we see that level. Will start taking a little profit at the 109 level or the level that corresponds with my traded contract.

Ultimate target is 102 for a short.
Long entry will be at 102.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out