MURICO.com Forum

Cattle Monthly *PIC*

Not really looking that great for the bulls here on the monthly chart when you look at August here. July was a key target that led to the next key target of August and now we have September which is suppose to be a target as well...which should establish a low and move up into the turn date of October which also has a Directional Change with it. July was a high so if you alternate the highs and lows with the targets you should be turning up here provided the market doesn't invert...if it inverts you would look to the next target for the turn. Sept. has a red trading cycle which indicates that a low is likely to be established. It did manage to close above the uptrend line I have drawn here from the 2020 low...It sure looks like it wants to drop doesn't it? The Energy model peaked then flat lined like a plateau...kinda weird, which is telling me maybe that the shorts haven't shown up yet.

Messages In This Thread

Cattle Monthly *PIC*
Re: Cattle Monthly Array *PIC*
Re: Cattle Weekly *PIC*
Re: Cattle Weekly Array *PIC*
Re: Cattle Daily *PIC*
Re: Cattle Daily Array *PIC*
Re: Spike the lower highs-----