Olu

Live Cattle: Wolfe Wave Says More Upside

Long
Olu Updated   
CME:LEZ2016   Live Cattle Futures (Dec 2016)
2
Comments on the chart
Comment:
Price has moved up from where the idea was first published. We are more than half way to the 108 target
Comment:
price is currently moving away from my WW target of 108 but I did say it would not get there in a straight line. So idea is still on...
Comment:
Despite all the turmoil in the markets price moved up sharply into the 105s. 108 is now reachable
Comment:
Price fell in retracement mode imho so I am looking for price to resume its upward trajectory
Comment:
Price moved up strongly today. The retracement might be over.
Comment:
idea is definitely back in play with the price action today...
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