Another Livestock Calender Spread huge move Stoch crossSee how this dip forecasts the strength of the next move above overbought.by Trendingup1010
LE Live Cattle futuresBull run looks over. Likely bounce on trend line and s/r confluence btwn 166.70 - 165.33. Then target 159.93 Shortby kilo1romeo220
Beef prices heading south before summer? Yes (revised)Live Cattle (LC) has topped and is reversing. Typically we see seasonal highs in late April / early May (5 years and 25 years patterns). Price pattern is also supportive. 50MA crossed on 17April2014. Targeting 130.450 by the end of April2014.Shortby LEONES220
Beef prices heading south before summer? YesLive Cattle (LC) has topped and is reversing. Typically we see seasonal highs in late April / early May (5 years and 25 years patterns). Price pattern is also supportive. Downward movement should be quite fast, between the 1/4 and 1/2 bear Ganns. Shortby LEONES1
How to cook a steakLive cattle is coiling and seems ready to break out to the upside. Lower trendline is giving support. I'm entering in advance here targeting 137.000. How to cook a steak: www.youtube.comLongby LEONES331
Cut of beefLive cattle is at historical highs. 134.0-134.5 is giving good resistance. Price is poised to move towards the 2/1 Gann line. First target objective 130.75 but a long term downtrend is in the cards.Shortby LEONES111
Summer BBQ season gives beef a bounceBullish seasonal projection supported by chart pattern. A clear bull flag has formed during the last 5days. Breakout to the upside would confirm the buy signal with a target objective at the intersection point of the 1/2 and 2/1 Gann lines (approx 126.000)Longby LEONES331