Chart of the Day – April Live Cattle

Jeff FosseGeneral Commentary

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 …

Chart of the Day – Live Cattle

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, December 10, 2024 February Live Cattle February Live Cattle settled 2.00 higher today, at 189.025, nearly matching the high close from last week.  Monday’s trade activity posted a “Bullish Engulfment” on the candlestick charts, which is usually supportive, and traders pushed prices …

Chart of the Day – December Live Cattle

Jeff FosseGeneral Commentary, Livestock

The information and opinions expressed below are based on my analysis of price behavior and chart activity December Live Cattle The December Live Cattle contract finished the day up 0.62 at 185.40, roughly in the middle of the range today.  They started off firmer in reaction to the election results, jumping to 186.60 and setting new highs for the week …