As you can see on the chart below every setback in Cattle on the massive rally held either a 23.6%, 38.2% retracement to keep the trend intact. You can also see on the chart how the rallies now that ...
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The 38.2% level is the single most important retracement and is the level we use for the "Golden Rule". This rule being, " any market that is going to keep its current trend must hold 38.2%". As long ...
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