I´m bullish for Live Cattle. Although it seems that 120 marks a Double Top in the Futures, this can be only wave 1 of a further advance in wave C. The wave count would be invalid if wave 2 breaks to new lows. Otherwise a significant advance above 120 would support my bullish view. Next targets are 127 and then 134.55.
Chart PatternsCommoditieselliottwaveprojectionelliotwaveanalysislivecattleTrend AnalysisWave Analysiswavetheory

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