April Live Cattle H&S
Cattle formed a head and shoulders. Has now crept below the neckline. Target is pivot at 126.450. Outside target for right shoulder S1 at 124.150 or my imaginary uptrend line just above. December Cattle also building out H&S, but that market hasn't completed pattern. If it can break pivot then we should see continued selling. Pivot right now has become support.
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