FEEDER CATTLE FUTURES

very low risk long entry on feeders, buyers last stand is 143.2 or it could be nasty.

The running value of feeder cattle futures has seen a sharp decline since 2015 and I believe now would be a good time to buy because It appears there is a price floor at around 117. CME:GF1!

Bearish Cypher pattern below $165.00 even Stops @ $172.800 Target 1 @ 157.800 Target 2 @ 153.525

Feeder Cattle exaggeratet late 2014 and passed 2.40 $/lb, now the trend turned from up to down. At moment trading around 195. 130 c/lb is possible within the next 90 days, more to follow... Stocks are building up, Beef wholesale prices are too high and US citizens are changing their attitudes, and the majority technical indicators are deeply south!!! Possible ...

This is simple: - Logarithmic Trendline capping since 2009 - It went up 80% over a year >> Locally the progress is protected and it could find its way down like many other things from here.

For 8 consecutive weeks feeder cattle has continued to be in control by the bulls. How soon will they start emptying their positions? i have drawn a few waves on the chart, Im not a wave or a xabcd or a abcd pattern trader, However I do understand the concepts but i am no expert on it. which is why I wanted to point out this chart and hopefully someone with ...