Look at 2016,2017 & 2018 monthly chart. What happened in the month of September, yes price action found major support for rest of the year, then was bullish for the rest of the year. I see live cattle finding support this month around yearly S2 pivot point noted on the chart (by the blue arrow). If you buy and sell live cattle futures, would look into buying at this $90 area and up to $110 range, starting in October.
The green area noted under $90 area happened around 10 years ago, when live cattle futures bottomed out, I hope that doesn't happen related to China Tariffs or other sudden agriculture events. With everyone well in life and trading. Keep on Trading on.
The green area noted under $90 area happened around 10 years ago, when live cattle futures bottomed out, I hope that doesn't happen related to China Tariffs or other sudden agriculture events. With everyone well in life and trading. Keep on Trading on.
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