Edition 19 | #LiveCattle

LIVE CATTLE (LE)
– Investment Strategy SHORT
– Bear spread LEQ19-LEM19

The price in Live Cattle market is high and has reached a strong S/R zone. I expect downtrend. A bear spread LEQ19-LEM19 has a good potential to grow. 


Historical

Historical chart on TradingView.com


FUTURES

Futures chart on TradingView.com


LEQ19-LEM19 – Bear spread

Spread chart on TradingView.com


COT analysis

COT analysis on SpreadCharts.com


Seasonality

Seasonality on SpreadCharts.com


Seasonality averages

Seasonality averages on SpreadCharts.com


Trade management
Enter:    3,0
SL:          3,5 ($200/contract) 
PT:          2,0 ($400/contract)

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