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Feb Live Cattle Sells to Position

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CME:LEG2017   Live Cattle Futures (Feb 2017)
Feb Live Cattle sold down to 38.2 retracement from move 3 of the Elliot Wave to position 4. Monday will tell if this is a continuation to position 5 or a continued sell off to 50%. Support from Sept 22 may hold at around 109. Upside potential to 116 completion of the Butterfly.

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