LE
Seasonal Cattle Spread Worked Out Great +$4000 PotentialBoy I must admit, I sure do miss dealing with these spread markets. Far less time effort and less stressful then intraday trading outrights, that is for sure.
Shout out to @NorthStarDayTrading for the awesome Auto Support Resistance Indicator. I love it!
LE - long from 15.1LEis forming a bump & run formation, followed by big insider buying in July. also looks like a potential fallen angel pattern.
We think it will start moving higher from here. For entry we would prefer if it declines a bit to 15.10 or closer. Our first target is 16.93, just below 23.6% fib level.
You can check our detailed analysis on LE in the trading room/ Executive summery link here-
www.youtube.com
Time Span: 4:20"
Trade Status: Pending
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