Bearish Cypher pattern below $165.00 even Stops @ $172.800 Target 1 @ 157.800 Target 2 @ 153.525
CHART HAS RECEIVED TO IMPORTANT AREA OF PRICE AT AROUND 161 AND IT CAN WILL CONTINUE TO FALL IN THE EVENT OF LINE FAILURE
Since triple-topping nearly a month ago, the Sept Feeders contract has been working its way south in a fairly noticeable channel. This is the third instance in as many weeks where a Heiken Ashi doji has presented itself beneath the 10-day moving average. Each time has been followed by several days' worth of downward movement. If the pattern repeats itself here,...
Regardless of your opinion of Hillary Clinton, her announcement that she is running for President comes as no surprise to anyone. And so goes the direction of Cattle Futures - it throws RSI divergences farther and faster than a cow chip throwing contest. If people know you trade then you will probably get the stray comment about "cattle futures" thrown your way...
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...
Might be a good spot around 200 to go long Feeder Cattle, got a fibonacci cluster with a 1,61,1,38 and a 1,27 extension coming in at around 200,+ a 38% retracement around 200, 200 day moving average is also coming in at around 200. Rsi is also looking like we might get some bullish divergence. I would wait for price action to close above 200 for a couple of days,...
Feeder GFF2015 - The bear market is just started. 4 GAPS IN SEQUENCE! and X-ing of 20MA below 50MA. The link shows where we are on the monthly chart. SHORT SHORT SHORT
I and a few traders on this site have been tracking the rise of this commodity for a while waiting for the top to be in. I think it is definitely in now because of the break of the wave 1 low
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.
Feeders monthly has reached the top of a fibonacci accordion. It is poised for a break, imho...
Watch the opening tomorrow. This could be interesting considering what's happening in the livestock sector.
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...
I hope I won't overstay my welcome