I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update!
Feeder Cattle closed limit down on Friday. Live Cattle were also sharply lower, but not limit. Both of those markets have expanded limits today of 13.75 and 10.75, respectively. Lean Hogs were weak, as well, but not nearly as much as Cattle. Volatility is high in Cattle futures. If cash trade turns lower this week, we could se a significant retracement. Grain markets are all looking forward to tomorrow’s WASDE report. Tuesday at 11 AM CT is when that’s released. Soybeans are pulling (almost) the entire Grain market up on Trump’s comments on China and Soybean purchases last night at abut 10 PM CT. That statement got bulls excited, but Beans finish the night session, still up 17 or so, but 10 cents off the overnight highs.
My Charts have new trade signals in Copper, Bitcoin, E-Mini S&P and Russell 2000 futures.