Short Cattle ! Wait for a break, hold and close on the Daily chart below mentioned support..before following through.Shortby BitterSweetMarketsUpdated 1
August Live CattleAugust live cattle moved higher Friday. Bear Bat predicted. Next upside target for the bulls is S2 at 108.100. Live cattle likes to double tops so we might see a run up to 115.575. With barbecue season here, this market should have a tendency to move higher, so how much of a decline we will see is unknown at this time.Longby hopscotchUpdated 1
semi-bullish on LE1!live cattle looks like it could run up to the top of the range again short timeframes look like absolute mayhem to trade right now but could be worth a position opened here for a 4/1 RR stop:100 take profit: 112-115 - - - 120-125Longby cryptobon2
December Live Cattle Bearish CypherNew 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.Shortby hopscotchUpdated 1
Live Cattle Bearish CypherJune Live Cattle broke through the 20 day MA and stayed below yesterday. Fell further today. Target S1 at 99.475. However we have seen this play before and Cattle at the end of day fought back to post a hammer rejection. Outside target if this plays out is S2 at 96.950. Feeder Cattle index remained steady for a week at 137.5 and yesterday fell 1 point to 136.12. This should be good news for a fall. Shortby hopscotch1
LEM18, Thoughts On Live Cattle Futures...Just like last May/June 2017..............what happened? Yes, a lot of commodities are CYCLICAL in nature. The means they have a low and high period that happens every year, sometimes in the same months.........over...........and..........over. Shortby Anbat2
LEM18-LEQ18 Bull spreadBull spread with a good potential. PT set to 2,0. Entry at -0,1. Longby sysatradingUpdated 1
December Live Cattle Breached 20 Day MALive Cattle moved above the 20 day MA yesterday and today showed more promise of an upside. Has moved across pivot and eyes R1 at 116.275. Bearish butterfly possible pattern. That will take us into next month. RSI should take us across R1 and possibly R2. by hopscotchUpdated 0
June Live Cattle bullish Butterfly / BatJune LIve cattle has created a bullish flag taking off from a quasi bullish Butterfly / Bat pattern. 20 Day MA is in reach. Until MA is breached and stays above this line, we can't call this a uptrend. S2 at 98.625 becomes resistance. by hopscotchUpdated 1
LIVE CATTLE AT LONG TERM SUPPORTNice long term trendline, almost looks to be forming either an ascending triangle or symmetrical. Longby lostamerica141
Live Cattle Three MountainsLive Cattle potential Three Mountains bearish pattern. Cattle at the 20 day MA. Potential target break at pivot, then S1 at 115.900.Shortby hopscotchUpdated 1
LIVE CATTLE futures . Long on retracementLive Cattle -0.04% prices tend to follow clear trends , as can be seen by the descending channel from 2015 to 2017 (almost 2 years) Options expiration is February 28. I will look for support on the current parallel or retracement to the lower parallel for a long entry. Stop below previous low and take profit at 25 centile. Depending on price action I may keep the trade open and move stop up to 25 centile. Possible trades are outlined. I would become bearish if price falls below the lower parallelLongby a1Keith0
December Live CattleDecember Live Cattle maybe creating at Head and Shoulders / Bullish Butterfly. Neckline comes in at pivot 114.625. Break up above R2 would negate H&S. Minimal drop would be to S1. There is still a lot of RSI to make up so this may take a while of up and down. Shortby hopscotchUpdated 2
Live Cattle Bull SharkApril Cattle is building out what appears to be a bearish flag today. Won't know until end of day if it does a full drop or doji. Bull Shark pattern is the next projection. There is very little upside on this month as R3 isn't far away, but it could still find some strength to tap out RSI.Longby hopscotchUpdated 3
April Live Cattle H&SLive Cattle creating long term H&S on most charts. Ran into some head wind today for another move higher. Trapped in a three drives scenario. Had broken a downtrend line at 123 and above the 20 day moving average. Went negative today. This may be the top end of the last shoulder. Need more confirmation. Still potential to move higher as there is a projected bearish Cypher in play.Shortby hopscotchUpdated 5
Feb Live Cattle BatFeb Live Cattle made a bullish move today creating either a three drives scenario or a possible bearish bat. Cattle needs to break 121.900 and hold steady above this line to get any traction. A fail would put us back into a horizontal three drives pattern. Since Cattle loves double tops this could also be a bearish Gartley stopping at 126.475 which is the current pivot. In coming pivot would be around 122.200. Significant trading came in at 118.850 so that would be support for this uptrend. Overbought RSI would take us anywhere between pivot 126.500, and 130.Longby hopscotchUpdated 1
New advance in Live Cattle Futures?I´m bullish for Live Cattle. Although it seems that 120 marks a Double Top in the Futures, this can be only wave 1 of a further advance in wave C. The wave count would be invalid if wave 2 breaks to new lows. Otherwise a significant advance above 120 would support my bullish view. Next targets are 127 and then 134.55. Longby wolvesagainsttheworld2
Live Cattle approaching pivotal moment...A confluence of signs are pointing to a reversal of the minor downtrend in cattle. The 118.75 level has been tested several times. Looking for a closing break of the trendline accompanied by some solid volume to validate the reversal. If so, looking to cash in a little with a minor price target at 125.Longby schwnb0Updated 1
February Live Cattle H&S, Bat, Gartley?Feb Live Cattle could be forming two things. 1. massive H&S or 2. Bullish Bat / Gartely pattern. LC fell off of a bearish flag on Friday and moved lower today. Next dowside target is to break support at 122.250, then S1 at 120.325. RSI still has room to move down before hitting potential support line at 38.by hopscotchUpdated 2
December Live Cattle BearishDecember Live Cattle fell off a Bearish Cypher. Next setup may be a bullish Butterfly or Bat. Next downside target is pivot at 110.825. Long term may be 104.800. Swings keep getting lower each time so long term for now is bearish channel. Shortby hopscotchUpdated 3