This is posted every morning at about 8 AM, before the markets open. Are Cattle markets losing momentum? Hogs stuck around the 200 day moving average. Did Friday’s trade activity set the Grains up to rally today? Stock Index Futures all weak this morning.
5 Minutes on the Markets – 03/28/2025
This is posted every morning at about 8 AM, before the markets open. Cattle markets post strong Bullish Reversals on Thursday, Hogs continued the pattern of large trading ranges. Grains weaker overnight, led by Wheat, especially KC Wheat. Soybeans and Bean Oil jumped higher on Thursday, Bean Oil appears to be leading the way there. Gold making new contract highs …
5 Minutes on the Markets – 3/26/2025
This is posted every morning at about 8 AM, before the markets open. Livestock futures posting large trading ranges, but Tuesday’s trade gave no clear direction. Grain markets lead lower by Wheat and Corn, Soybeans are working into a corner and Bean Oil has be showing signs of bullish life.
5 Minutes on the Markets – 03/25/2025
Livestock markets all start the week in the red, with Cattle futures down for consecutive sessions and Hogs closing below long-tern support. Grains lower as the overnight trade ends. Copper started the week with a new contract high, Gold & Silver firmer this morning.
Charts of the Day – June Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, March 24, 2025 June Live Cattle (Daily) June Live Cattle closed at 201.150 today, down 0.625 from Friday. Friday afternoon, after the close, the USDA released the latest Cattle on Feed report. Measured against the same report last year, that pegged all …
Charts of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, March 19, 2025 June Live Cattle (Daily) June Live Cattle settled at 202.850 today, up 1.850. This is a new contract high close. Momentum, as measured by the MACD and Stochastic (subgraphs) seems to be strong and both of those indicators are …
5 Minutes on the Markets – 03/13/2025
Contract High close in Feeders, Live Cattle staying strong. Grains up a little overnight, Beans erase yesterday’s losses, Wheat markets turning up? Gold, Silver and Copper charts indicate uptrends.
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, 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 …