My latest bearish signal for the live cattle was on 9 January 2016.Since then price of live cattle fell by 3.15%.This week I got a bullish signal for this commodity based on the number of new long contracts opened(5,075) vs number of old short contracts closed(259).This means that new long contracts opened outnumbered new short contracts opened by almost 20 to 1.This is bullish and for this reason I expect price of live cattle to rise in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
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