Live Cattle: Can We Get A Repeat Of Lean Hogs Move?

Comments on the chart

Note

Price moved up strongly today and the idea is on the verge of failing. Funny enough lean hogs continued its fall today

Note

Nice downmove today. Idea is still on

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Price went down all the way to 104 but came back up to put in a reversal. Still bearish but caution required.

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Limit down today. Game on...

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Price just about double bottomed today. I am still looking lower but there might be some bounce here

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Price did break the bottom so we did get a repeat of the lean hogs move

Olu

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Olu