Live Cattle (LE1) Short

CME:LE1!   Live Cattle Futures
So, my last analysis on live cattle was April 28th 2019 where i talked about the possibility of live cattle breaking support and going further down and it went much further than i thought. In my opinion, with the increasing "news" of coronavirus, I believe live cattle will continue on its trend downwards and will find support at the next support level /s identified on the chart. Enter and exit at your own risk.


Please note that this chart is an opinion based chart only. Please trade at your own risk
Trade closed: target reached


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