LEONES
Long

Summer BBQ season gives beef a bounce

CME:LEQ2013   LIVE CATTLE FUTURES
156 3 1
Bullish seasonal projection supported by chart pattern. A clear bull flag has formed during the last 5days. Breakout to the upside would confirm the buy signal with a target objective at the intersection point of the 1/2 and 2/1 Gann lines (approx 126.000)
I'm out of this trade - market is losing momentum
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Buy triggered. Let's see how it goes.
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Still waiting for the price to come out from the consolidation here.... Come on nice weather outside! BBQ time!
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