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 …
Livestock Review
Live Cattle On Tuesday April 24, 2018, the June Live Cattle contract gap opened (105.50) higher from the Monday high (105.475) closed the gap and traded up to the high of the day at 106.675. This is above the April 17th high (106.175) and is a new high for the up-move. It couldn’t hold onto the gain however and broke …
Livestock Report
Live Cattle On Monday April 23, 2018, the June Live Cattle contract gap opened (104.55) higher from the Friday high (104.00) and traded up to the high of the day at 105.475. It faded from here and closed some of the gap, trading to the session low at 104.30. It consolidated the remainder of the day and settled at 104.875. …
WAS THIS TOP? Take the money and wait for next extreme? In Cotton next
WAS THIS TOP? Take the money and wait for next extreme? In Cotton next. MEATS- All different months have different looks, month settlement px.s etc. If your looking in a back month ask for levels. FEEDERS- we are now up almost 700 off the OLB, number that hurts most traders, the olive line. KC- your on your own now as …
Live Cattle
Live Cattle On Friday April 20, 2018, the June Live Cattle contract broke down early in the trading session. It traded all the way down to the 101.625 support level where it stopped going down. An impressive short covering rally followed with price rallying all the way up past resistance at 103.00 to the high of the day at 104.00. …
Live Cattle On Wednesday, April 18, 2018, the June Live Cattle contract consolidated between support at 104.85 and resistance at106.025, with the range at 104.95 low to 105.975 high. Trade was also within the prior 2 trading days ranges, forming an inside candlestick and also a narrow range day. It had the smallest range of the prior 7 sessions. This …
Livestock Report
Live Cattle On Tuesday, April 17, 2018, the June Live Cattle contract opened (104.25) at the session low and raced to the high (106.175) of the day. This is higher than Monday’s high (105.95) and in a near repeat of yesterday’s trade broke down towards the low. It stopped just short of the low and then recovered, settling at 104.90. …
Livestock Report
Live Cattle On Monday, April 16, 2018, the June Live Cattle contract opened strong as it gap opened higher and rallied to the session high at 105.95. It stopped just short of resistance at 106.025. It consolidated and then broke down hard, closing the gap (Friday high 104.375 – Monday open 104.825), on its way to the low at 103.925. …