I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle markets were sharply lower again yesterday. Feeder actually left a gap on the chart, as well. Certainly appears as if those market have made a short-term top. Lean hogs rallied, and that chart point toward the …
5 Minutes on the Markets – 05/09/25
I post these videos every trading day, shortly after 8 AM CT. Check back here Monday for another update! New contract highs again in Live Cattle and Feeder Cattle! Cash trade seems to be strong and the futures are showing no real signs of slowing the trend. Lean Hogs posted a lower close but held 200 day support. Grains were …
Chart of the Day – March Cocoa
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, December 13, 2024 March Cocoa Today, March Cocoa closed up 459 to 11280. Since the market made it’s last significant low, on Oct 25th, it has rallied an astounding 5349 pts., or 88.91%, from low to high. This rally has been spurred …