Live Cattle Futures (Dec 2018)
Short
Updated

Live Cattle Three Mountains

52
Live Cattle potential Three Mountains bearish pattern. Cattle at the 20 day MA. Potential target break at pivot, then S1 at 115.900.
Note
Cattle neared neckline of three mountains. Next downside target is S1 at 115.900 where a significant support area exists.
Note
Cattle still believes sideways is best. No trade here.
Note
Live Cattle drop off of H&S now at oversold condition. May see out at previous S2 at 111
Note
Dec Live Cattle showing upside promise. We will know Monday.
Trade closed manually

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