Get started
hopscotch

June Live Cattle Overshot Butterfly

Live Cattle Futures (Jun 2017) (CME:LEM2017)  
hopscotch  
CME:LEM2017   Live Cattle Futures (Jun 2017)
livecattle Cypher Butterfly Elliott Wave Gann
2
0
livecattle cypherpattern butterflypattern elliottwaves gann
June Live Cattle has completed a Bearish Cypher and Elliot Wave 1-5 position. Look for a possible downward trend to 100.650. Waiting for move below the 20 day moving average for confirmation. There is also a potential butterfly to 111.100 if this markets breaks out of 105.5. The overbought situation may counter any bullish move here.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.