Quinkong

Live Cattle (LE1) Short

Short
Quinkong Updated   
CME:LE1!   Live Cattle Futures
So, my last analysis on live cattle was April 28th 2019 where i talked about the possibility of live cattle breaking support and going further down and it went much further than i thought. In my opinion, with the increasing "news" of coronavirus, I believe live cattle will continue on its trend downwards and will find support at the next support level/s identified on the chart. Enter and exit at your own risk.

DISCLAIMER

Please note that this chart is an opinion based chart only. Please trade at your own risk
Trade closed: target reached
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