Live Cattle: Wolfe Wave Says More Upside

Long

Live Cattle Futures (Dec 2016) (CME:LEZ2016)

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CME:LEZ2016 Live Cattle Futures (Dec 2016)

Comments on the chart

Commentaire:

Price has moved up from where the idea was first published. We are more than half way to the 108 target

Commentaire:

price is currently moving away from my WW target of 108 but I did say it would not get there in a straight line. So idea is still on...

Commentaire:

Despite all the turmoil in the markets price moved up sharply into the 105s. 108 is now reachable

Commentaire:

Price fell in retracement mode imho so I am looking for price to resume its upward trajectory

Commentaire:

Price moved up strongly today. The retracement might be over.

Commentaire:

idea is definitely back in play with the price action today...

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