December Live Cattle is rose today off a retracement yesterday. Candle suggests a possible climb to double top at 110. Support is now 106.700. Have had an open bullish Cypher that is still possible. Cattle has seen some aggressive bullish trading for a long time now and it may not stop for a while. Double top will suggest how strong this bull market is.
Note
Live Cattle up slightly. Had some resistance today and created a shooting star. Watching tomorrow to see if it has enough force to move toward a double top.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.