LIVE CATTLE FUTURES

very low risk entry for long cattle. 130 projected by fall.

Potential long based on inverse H&S pattern in weekly. Breakout above flip zone.

Bearish seasonality and COT showing big commercial selling. Price crossing below SMA20 is a confirmation of weakness.

Watching for clearer signal on which way the herd is going.

It looks like Live Cattle is pausing to correct before next run up. On the 2hr renko chart (blksz .50), the charcoal box represents what the 5min renko (blksz .25) expands out to. I think that the 5Min will need to go through a corrective cycle prior to price continuing up. https://www.tradingview.com/x/Pozw904F/

A strong case could still be made for a rebound in beef prices. I am a buyer. I don't pay much attention to many indicators, but I always pay attention to volatility.

I feel like this is the big short or something. Cattle getting crush to a pulp. Big money just playing with the chump traders. Absolute low on major trendline is 96 but we are on a big fib.

In the chart above I've plotted average cattle prices since February of 1980. I found that a 30 year view is typically enough to see the big picture in a market. Prices closed today (9/6/16) nearly exactly at par, which has been a major level since 2003. From its all time low (53.xx in July 1985) to its peak (170.xx on Nov 2014), the .618% retracement sits at ...

Expecting a moderate rebound. Targets will be posted. I am long

Last attempt was a failure as shown below: https://www.tradingview.com/chart/LE1%21/EpxysVUu-Live-Cattle-Short-Opportunity/

Using Heikin Ashi sticks to smooth out the price.

5 wave counted on chart, waiting for confirmation to downside

But they do offer an opportunity.... We see the Cypher pattern (highlighted in blue) that recently completed and that Live Cattle is in consolidation, basically banging around inside a channel locked between 141s and 118s. We have a bullish bat pattern (hot pink) that completes right at the 118 even handle structure level. I'm looking to buy up two contracts ...

It's quite a clean up/down scheme we have here in live cattle price. The price is still above the cloud so we should not enter a trade now but a twist is incoming and it could attract the price to a lower area. Current Kijun was broken and price, in case of a twist breakout, would reach the first support area at 127.3 with a high probability. This key level will ...

HA candles to make the PA clearer. PA is in clean downward pitchfork and is nicely oscillating between the upper and lower areas. PA is about to cross the Ichi cloud which could be the start of a short trade. However the lagging span still has some layers to go through before being free. This could occur within the blue ellipse area. Note the lower support ...

Traders Probable continuation short here to the lows of the range. Nice shooting star doji type candle with engulfing signal. Quite bearish. Price resisted off ratio confluence and 50MA. Should be a nice trade guys. Best of luck Tom Note: I offer face to face, and online personalised tuition to people who wish to become professional traders. For more details of ...

My view is that cattle market is in range bound mode, whitch is good to trade with support and resistance The problem is that ATR is aggressive to set proper stoploss

Bull run looks over. Likely bounce on trend line and s/r confluence btwn 166.70 - 165.33. Then target 159.93