The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, March 11, 2025 April Live Cattle (Daily) April Live Cattle closed at 199.550 today, down 1.025, posting a lower high and lower low than Monday’s trade. Overall, last week’s trade held support down near the 200-day moving average (purple) and the rally …
Chart of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, February 25, 2025 April Live Cattle (Daily) April Cattle closed at 195.725 on Tuesday, up 0.625. Prices have been moving higher this week, following last Friday’s Cattle on Feed report. I don’t think that report contained many surprises, as the overall herd …
Chart of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, February 13, 2025 April Live Cattle (Daily) Today, April Live Cattle closed at 196.525, up .800 on the day. Yesterday’s trade posted a bit of an equilibrium day, to my eye. Not quite a textbook Doji, as there was .100 difference between …