Live Cattle - Top ?

We're at all-time new highs again I believe.
October is either going to stop here and form a double-top or going to break-out to the upside.
 
syswizard said:
We're at all-time new highs again I believe.
October is either going to stop here and form a double-top or going to break-out to the upside.
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Yikes....could today be a key reversal day ?
October is under 1.60 right now.
 
Hello elite traders!! I hope to learn from you guys. What i see from the cheap seats is that this North American cow herd is shrinking and no young blood is stepping up to take over!!!! Let me know when the top is in will ya
 
syswizard said:
Whoever wrote 5-6 weeks ago about the "epic short" at 160 had another chance !
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Going to try at 163.90 and higher and hedge above it.
Was wrong in July thinking highs were in, sold 9/4 and lost in futures and didn't make enough on calls to cover loss fully. Just waiting game.
 
I went long at yesterday's opening after getting the entry signal. Now the market has gapped up 3 whole points on today's opening. I'm tempted to sell but I wanna see how it plays out.
 
blackcattle said:
Hello elite traders!! I hope to learn from you guys. What i see from the cheap seats is that this North American cow herd is shrinking and no young blood is stepping up to take over!!!! Let me know when the top is in will ya
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Well, I did say that cattle has room to move higher. My analysis shows that it has room to move much higher.
 
Handle123 said:
Going to try at 163.90 and higher and hedge above it.
Was wrong in July thinking highs were in, sold 9/4 and lost in futures and didn't make enough on calls to cover loss fully. Just waiting game.
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I went short for ave price of 164.00 and bought calls.
 
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