Live Cattle is building out a possible Shark Pattern. Next downside target at 114.625 before continuing up.
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Live Cattle just above the 20 day moving average and pivot. Looking for confirmation tomorrow for possible continuation upward trend. 114.600 becomes support. Next upside target 119.800. Fail is if candle solid body is under the pivot at end of day.
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Live Cattle still using pivot as support. May see mixed trading Friday. Possible renewed upsurge Monday.
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Cattle surge today. Upside target for Monday 119.800, then 123.025 if bulls can push it up that far.