June Live Cattle
June Live Cattle supported prices at 104 Friday. There is a downward wedge here but prices came back Friday to negate some of this action. A potential small bullish Gartley pattern is taking shape to push prices down to 101.050 before continuing up. If bulls can continue this markets upward climb look for 104.725 as next potential target. If bears can sag this market, look for 102.700 as their target.
Related publications
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.