Live Cattle On Monday May 14th, 2018, the June Live Cattle contract continued to consolidate between the April 30th high (107.825) and the May 1st low (103.825). It opened at the session high (106.85) and broke down, trading all the way down limit by the end of the day. It ended the day down limit and sets a bearish tone …
Livestock Report
Live Cattle On Friday May 11th, 2018, the June Live Cattle contract continued to consolidate between the April 30th high (107.825) and the May 1st low (103.825). The Thursday new high (108.10) did little to help cattle break away from the consolidation band. It opened (107.85) below the Thursday high and up ticked to the session high (108.05), also below …
Livestock Report
Live Cattle On Thursday May 10th, 2018, the June Live Cattle contract continued to consolidate between the April 30th high (107.825) and the May 1st low (103.825). It started the day near the session low and support, opening at 105.475 and trading down to 104.975. The low is just above the 104.85 support level and buyers came in here and …
Livestock Report
Live Cattle On Wednesday May 9th, 2018, the June Live Cattle contract continued to consolidate between the April 30th high (107.825) and the May 1st low (103.825). The Wednesday trade took place with a high of 107.10 and the low at 105.35. It settled near the low at 105.675. It started the day strong, trading above the Tuesday high (106.925), …
Livestock Report
Live Cattle On Tuesday May 8th, 2018, the June Live Cattle contract continued to consolidate between the April 30th high (107.825) and the May 1st low (103.825). The Tuesday trade took place with a low of 104.60 and the high at 106.925. It settled near the high at 106.30. The high was above resistance at106.025 and the low was just …
Livestock Report
Live Cattle On Monday May 7th, 2018, the June Live Cattle contract continued its consolidation between the April 30th high (107.825) and the May 1st low (103.825). The Monday trade took place with a high of 106.275 and the low at 104.85. It settled near the low at 105.175. The high was just above the key level at106.025 and the …
Livestock Report
Live Cattle On Tuesday May 1st, 2018, the June Live Cattle contract broke down below support at 104.20, trading to the session low at 103.825. With the 21 DMA also providing support at 104.025, and trendline support at 104.325, the spike down was bought and price rallied the rest of the session. It rallied past the early high and stopped …
Live Cattle
Live Cattle On Friday April 27, 2018, the June Live Cattle contract started slowly, opening at 104.60, trading down to test support at 104.20 (104.20 session low), then grinding higher to 105.20 by noon central time and pulling back to 104.80, a sleepy Friday trading session. Then bang! Someone fired a shot and cattle stampeded up to a new high …
Cocoa, LC FC, can’t put em away.
Good Morning Last week while putting ear to the rail I conveyed option trader buzz about VIX up 2% in that blip in Dow to about steady on the year. Is this what mkt prelude meant? Last time KC under $5..00? Maybe. Buy any break against support levels if not on board in my opinion, all opinions in here. …
Livestock Report
Live Cattle On Wednesday April 25, 2018, the June Live Cattle contract tested support at the 104.85 level, making the low at 104.625. It grinded higher from the low, trading up to 105.80 and then tested support again, trading down to 104.825 before trading back to the high at the end of the session. It settled at 105.575 and ended …