BennyManieri
Long

Benny Manieri says Live Cattle futures in stagnant consolidation

CME:LE1!   LIVE CATTLE FUTURES
But they do offer an opportunity....

We see the Cypher pattern (highlighted in blue) that recently completed and that Live Cattle             is in consolidation, basically banging around inside a channel locked between 141s and 118s.

We have a bullish bat pattern (hot pink) that completes right at the 118 even handle structure level. I'm looking to buy up two contracts then to the highlighted targets. Frontrunning orders to ensure fills.

A leg is busted, thanks for playing folks.
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