Aug fats..... will they ever stop?

the cattle market has been on an unbelievable tear but I'm still looking for this wave 3 to terminate and retrace into a wave 4 which could target as low as 136. As  you can see on the daily chart below, a throw over of the trend line to the upside may have finished this markets momentum.as I can count 5 waves higher with wave 1 of the 3rd wave extending.( I'll be watching for 5 waves down intra day on this market and a test of that broken uptrend line at 14550.