about the potential setup I was looking at for the Feb 7th to 14th timeframe for the cycle low rotation to pick one of those days to find support for a correction low and then start working on a reversal to go after a 50% retracement by April 1st or even find reason for the Cattle market to go after the Double Top addiction they have a liking to do.
I had the support target pegged for 194.45 to 194.85 area but didn't want to see or expect a close below 195.15. The 194.00 definitely needs to hold which it has so far but it bothers me that the closes are too far below the 50 day moving average that is suppose to be support. The upside breakout point happened on Dec 31st with the close above 193.75 high resistance on May 28th and 29th so that price may demand a retest but the close below critical support of 195.15 is very worrisome unless the market immediately reverses to start the week which wouldn't be a surprise due to the 3 day weekend and the 14th being a cycle day for a cycle low in the rotations. I was pretty confident about a reversal starting this week but with Fridays close I'm not sure what will happen.