December Live Cattle is rose today off a retracement yesterday. Candle suggests a possible climb to double top at 110. Support is now 106.700. Have had an open bullish Cypher that is still possible. Cattle has seen some aggressive bullish trading for a long time now and it may not stop for a while. Double top will suggest how strong this bull market is.
Comment:
Live Cattle up slightly. Had some resistance today and created a shooting star. Watching tomorrow to see if it has enough force to move toward a double top.