Livestock Levels

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle April Live Cattle gap opened higher on Wednesday, March 22, 2017, (Tuesday high -120.075 – Wednesday low – 120.15) and never looked back as it reached its allowable limit up move of 3 cents/ pound during the fedcattleexchange auction.  Price then consolidated within a 1c/ lb range 121.90 low to 122.90 high) for the rest of the day. …

Windy City Jim

Windy City Jim’s- Daily Trade Recommendations (3.23.17)

Jim WaltersGeneral Commentary, Grains, Livestock, Precious Metals

Futures Day Trading Signals (Thursday March 23rd, 2017) Author: Windy City Jim  312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : May Corn Previous Closing Price : 358 3/4 …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle April Live Cattle resumed its uptrend after a one day pause on Tuesday, March 21, 2017, making a new high (120.075,) after an early breakdown in price failed to take out Monday’s low at 118.45, reaching 118.50. The recovery took price to the high of the day and then Live Cattle consolidated and ended the session just below …

Windy City Jim

Windy City Jim – Daily Trade Recommendations (3.21.2017)

Jim WaltersGeneral Commentary, Grains, Livestock, Precious Metals

Futures Day Trading Signals (Thursday March 21st, 2017) Author: Windy City Jim  312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : May Soybeans Previous Closing Price : 999 1/2 …

Livestock Levels

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle April Live Cattle gap opened higher on Thursday March 16, 2017 and except for one minor attempt to close the gap (during the first hour of trading) never looked back. It took out trendline resistance (118.70) and the March 1st high at 118.95, making a new high for the move at 119.50. Live Cattle has the January 20 …

Windy City Jim

Windy City Jim – Daily Trades (3.16.17)

Jim WaltersGeneral Commentary, Grains, Livestock, Precious Metals

Futures Day Trading Signals (Thursday March 16th, 2017) Author: Windy City Jim  312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : May Wheat Previous Closing Price : …

Live Cattle

Ben DiCostanzoGeneral Commentary, Livestock

April Live Cattle shook off Tuesday’s weak close with a rally right from the opening of Wednesday’s trading session. Anticipating a strong fedcattleexchange auction, traders followed last Wednesday’s script and rallied price into the 10 AM CT auction. This week, however, the auction didn’t disappoint as buyers were aggressive in their pursuit of cattle. Cattle auctioned from Texas traded from …

Livestock Levels

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle April Live Cattle broke down from Monday’s low (117.575) on Tuesday, March 14, 2017. Live Cattle attempted to rally at the open reaching the high of the day at 118.00 before breaking down and testing support down at the 8 DMA (116.25). It made its early low at 116.225 and then grinded higher and tested the 117.825 resistance …

Livestock Levels

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle April Live Cattle traded in a tight range on Monday, March 13, 2017 as it was unable to overtake trendline resistance at 118.70 reaching 118.425. The tight range is the narrowest in the past 7 days and it ended the day near its low and below 117.825 resistance once again.  A failure from the Monday low (117.575) could …

Livestock Levels

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle April Live Cattle started the week on a sour note, selling off on Monday and Tuesday (making the low on Tuesday), before recovering and rallying the remainder of the week. The rally sent price past resistance at 117.825 and towards weekly trendline resistance at 118.70. The high was 118.25 and trade couldn’t overcome resistance as it dropped below …