Short term sizable correction before new highs

63
I haven't updated my cattle idea in awhile, but it's been trading like I figured, since Feb. We've now hit multiple technical targets in this pocket up here. I think there's a good chance we get a decent correction from here down to the 198-197 area, although it could easily retrace down lower, more violent and sharp with fund long covering and momentum. Long term I am still bullish with my original idea back at the beginning of the year, and think we can get that 217-218 target in the fall.

My last idea this is continuing:
Looking for sideways to higher before new lows

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.