New pivots for Live Cattle. Now projecting Bearish Cypher. Cattle was in a three drives pattern and the fall today may signal further downside to S2 at 106.475. Cattle made pivot today at 111.050. First target is uptrend line at 109.050. Cattle is under the 20 day MA.
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Cattle broke S1 yesterday. Cattle may fall to S2 at 106.475
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Cattle broke upwards off of S2 and went through pivot. Upside target S1 at 113.900 putting it back at it's previous top two weeks ago. 20 day MA has been breached.