InvestingScope
Long

Pull back required on the 1W Channel Up.

CME:LE1!   Live Cattle Futures
Live Cattle ( LE1! ) is trading within a long term 1W Channel Up ( RSI = 60.152, ADX = 29.000, Highs/Lows = 7.0679, B/BP = 14.6880) that has recently made a Higher High with an obvious Resistance zone at 114.00 - 114.325. Being on overbought STOCHRSI, Williams and CCI , a pull back to a Higher Low (~110.000) is required to sustain a healthy uptrend, which should most likely result in a new Higher High near 116.000 (TP).
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (http://www.investingscope.com).
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out