JaceYoung
Long

Live Cattle Long - October

CME:LEV2016   LIVE CATTLE FUTURES
51 2 2
The market made a New Structure High back on August 4th signifying that we will have a continued uptrend potentially. Currently the market is retesting a big support zone , which happens to be a 61.8% Fib Retracement with the market becoming oversold as indicated by the RSI below. I would expect to see another rally coming to ATLEAST retest previous structure highs at $116. Let me know your thoughts.
i think you were wrong
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JaceYoung stew_33
Can't be right every time!
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