Dec Cattle- Olive cha-cha

Alan PalmerGeneral Commentary

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(I do not know if anyone likes the charts so speak up if you do).  arp@walshtrading.com

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Major Turns after 10% falling knife price action into qtr.3 17′.

Dec cattle- This is what I call the olive cha-cha which happens in stocks, futures and spreads, inter spreads and intra.  It’s when the market is warming up but blowing people out at highs or lows.  Does that apply here?  It does and it will eat you up alive if you sell when the olive says buy, $1.12, or olive sell weeks back 120.59, or today’s high at 115.80 and then 112.46 in two days..

Dec Cattle- this is the olive cha-cha slice and dice. Only trade the OL’s
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Hogs-Aug.  These are all programs that generate these levels from my decades of technical analysis and floor trading experience that I now offer clients like you.

Bar highs or lows sometimes hit line pretty darn close.  I can’t say exact so will not.  You tell me

hogs aug

This may be a ?? big mover so inquire if you don’t see it.

 

 

SOYBEAN BEARS ABOUT TO GET CRUSHED AFTER A $1.50 BREAK INTO SUMMER? NY BUYING, CHICAGO WEATHER WATCHERS BEARISH. tHIS IS A BUY LEVEL but USDA stocks keep on edge. Use my stop rule if buying this OLB $9.06 Auggy.