Thursday, February 27, 2014

April live cattle… I'm not panicking





April cattle pushed thru the second target for this 5th wave of the wave 3.  The next resistance level comes in at 146.15-146.30. After this wave three is complete I'm expecting a deep wave 4 to somewhere around the 139 price range. 

Current positions: short April from 144. ( holding) 

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