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LEQ2016 Commodities Futures Chart

 

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Olu Olu LEQ2016, D, Short ,
LEQ2016: Live Cattle: Meat Is About To Get Cheaper
32 0 6
LEQ2016, D Short
Live Cattle: Meat Is About To Get Cheaper

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JaceYoung JaceYoung LEQ2016, D, Short ,
LEQ2016: August Feeder Cattle Short
31 0 2
LEQ2016, D Short
August Feeder Cattle Short

The market has made a New Structure Low (NSL) in the past couple days when the market became oversold and now has started to rally a bit. This NSL would signify another downtrend continuation trade possibility. Based on prior resistance/support areas, I am projecting the market to rally back into the $115-$117 price range, which happens to be the 61.8 - 78.6 Fib ...

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