Feeder Cattle
Technicals (August): As with live cattle, feeder cattle were choppy, trading on both sides of unchanged only to finish the session near unchanged. There is a gap left from the Monday morning open, that comes in from 173.75-174.025. We would not be surprised to see this gap get filled, especially if the corn market cannot find its footing. Above that...
Feeder Cattle
Technicals (August): Feeder cattle were able to rally yesterday, despite the strength we saw in the corn market. This is a silver lining for the Bull camp. Trendline resistance from the February highs has been stout, that comes in near 174. IF the Bulls can chew through this level, we could see a run at the 100-day moving average. Grain markets are...
Hey this one already started to take off yesterday, if you can get a price around 158.200 look for an entry, <158 stop out. Momentum might change though at open stay updated.
I suspect Feeder Cattle will clear the resistance and go for a run towards the highs. People will always need to eat, trillions of dollars printed in the last year and weakening supply will likely make it happen.
Short GF1!
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the...
The price breaks through the descending wedge it is walking by, and breaking the descending trend drawn from the top reinforces the price's rise again to levels in a liberated manner.
Long and short GF1! High risk
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the...
Feeder Cattle Futures (CME: GF)
Trade : Buy
Entry : 139
Target : 157 (18, +12.95%)
Stop : 136 (-3, -2.16%)
Posted on Saturday, December 12, 2020
Note : Feeder cattle futures prices seem to be out of the bottom. At this point in time, target price could be 157 and support could be 136. Before the target price, 148 would be a resistance. It would be better to find...
CME
