Theoretical Positions: Put options were bought during the recent uptrend. The last two weeks have seen Nov Feeders complete a bearish 2-week reversal and new 4-week low. This means short hedges might've been put in place at the previous week's [...]

Theoretical Positions: Continue to sell cash hogs based on the strength of national average basis and flat seasonal tendency. Trend: I have no idea what to make of the weekly chart for December lean hogs (slide 1). The contract posted [...]

Theoretical Positions: The best strategy is to continue to sell into the cash market. However, producers will also be looking at spreads and holding cattle back to sell into the next contract. From a futures point of view, the only [...]

Theoretical Positions: With implied volatility low (roughly 10.5%), the strategy is to continue buying put options. Trend: Up. October feeder cattle are showing no sign of slowing after posting a bullish outside range last week that included a new contract [...]

Theoretical Positions: It's a tough call in October lean hogs give the trend looks to be down while fundamentals and seasonals are bullish. If holding short hedges, sell cash and lift short positions given the strength of basis. Hold off [...]

Trend: Theoretically, I could call the secondary (intermediate-term) trend down. However, the October live cattle contract has technically done enough to to complete a 3-wave downtrend (slide 1). However, the DNAI in-house algorithm remains intermediate-term short and increasing positions With [...]

Live Cattle: The August contract jumped to a new all-time high of $174.25 last week before closing at $172.90. A frequent question was if this was a blow-off top? It might've been, but nobody is willing to step in front [...]

Trends (intermediate-term on weekly charts) Live Cattle June: Could still be considered down, but the safer call is sideways until the contract high is taken out or a new 4-week low is established. August: Ditto June live cattle October: Up, [...]

Live Cattle: June live cattle completed a bearish outside range last week, confirming it has moved into a new secondary (intermediate-term) downtrend. Initial support this week is at last week's low of $161.20, the new 4-week low, with the target [...]

I don't want to jump the gun, but the June lean hog contract looks to be in position to complete a bullish reversal on its weekly chart this week. If so, this would confirm a new secondary (intermediate-term) uptrend signaled [...]

Live Cattle: June live cattle extend its secondary (intermediate-term) downtrend to a low of $155.70, with an initial downside target near $154.30. This left the contract oversold short-term and in position for a move to a minor uptrend. If so, [...]

Live Cattle: June live cattle fell to a new 4-week low last week, confirming a secondary (intermediate-term) downtrend. The initial downside target is near $154.30, then $151.95. Theoretical Positions: If secondary short positions were established just below the previous 4-week low, [...]

Live Cattle: April live cattle extended its secondary (intermediate-term) uptrend to a high of $166.40 last week. Initial support is at the 4-week low of $160.95. Theoretical Positions: No reversal pattern has been completed, lately, and implied volatility is low. [...]

Live Cattle: April live cattle extended its secondary (intermediate-term) uptrend to a high of $165.40 last week. However, the contract's candlestick chart shows a doji pattern (weekly open and close roughly the same price) indicating indecision. Initial support is at the [...]

Live Cattle: April live cattle extended its secondary (intermediate-term) uptrend to a high of $164.125 last week. Initial support is at the 4-week low of $158.55. Theoretical Positions: Short April futures positions would've been stopped out above the recent high of [...]

Live Cattle: April live cattle still look to be in a secondary (intermediate-term) downtrend, with confirmation the recent move to a new 4-week low below $159.225. The initial downside target is between $154.80 and $152.35. Theoretical Positions: Short April futures positions [...]

The April lean hogs contract continues to hold above support at its previous low of $82.625 from the week of October 3, 2022. The contract posted a new low of $84.00 for this selloff, meaning a higher weekly close would [...]

Live Cattle: February live cattle still look to be in the process of establishing a secondary (intermediate-term) downtrend. Initial support is at the previous 4-week low of $154.675 with resistance at the 4-week high of $159.175. Theoretical Positions: If longs were [...]

Live Cattle: Using a weekly candlestick chart for February live cattle and the contract looks to have completed a shooting star last week. This tends to signal a top has been put in place. I do not have a clear [...]

Live Cattle: The February contract is in a sideways pattern between the recent high $157.225 and the low of $152.275. Weekly stochastics are near the overbought level of 80%. Theoretical Positions: Longs could be established on a bullish breakout of [...]

Live Cattle: The February contract is in a sideways pattern between the recent high $157.225 and the low of $152.275. Weekly stochastics are near the oversold bought level of 80%. Theoretical Positions: Longs could be established on a bullish breakout [...]

Live Cattle: The February contract is in a sideways pattern between the recent high $157.225 and the low of $152.275. Weekly stochastics are near the oversold bought level of 80%. Theoretical Positions: Longs could be established on a bullish breakout [...]

Theoretical Positions Hedgers Could be short just below $185.90 from the week of August 29, as a new 4-week low was established Traders Could be intermediate-term short near $185.90 from the week of August 29 These positions were stopped out [...]

Theoretical Positions Hedgers: Some hedges may have been put in place when December took out the previous week’s low of $149.875 Others might’ve short-hedged when the contract posted a new 4-week low below $148.375 Or some might’ve sold on the [...]

Theoretical Positions Hedgers Could still be short-hedged near $84.30 from the week of August 15 Based on a new 4-week low being established as the contract completed a bearish key reversal These hedges might’ve been lifted when the contract posted [...]

Theoretical Positions Hedgers Could be short just below $185.90 from the week of August 29, as a new 4-week low was established Traders Could be intermediate-term short near $185.90 from the week of August 29 with a downside target of [...]

Theoretical Positions Hedgers: Some hedges may have been put in place when December took out the previous week’s low of $149.875 Others might’ve short-hedged when the contract posted a new 4-week low below $148.375 Or some might’ve sold on the [...]

Theoretical Positions Hedgers Could be short just below $184.70 from the week of August 29, as a new 4-week low was established Traders Could be intermediate-term short near $184.70 from the week of August 29 with a downside target of [...]

Theoretical Positions Hedgers: Some hedges may have been put in place when December took out the previous week's low of $149.875 Others might've short-hedged when the contract posted a new 4-week low below $148.375 Or some might've sold on the [...]

Theoretical Positions Hedgers Could be short just below $184.70 from the week of August 29, as a new 4-week low was established Traders Could be intermediate-term short near $184.70 from the week of August 29 with a downside target of [...]

Theoretical Positions Hedgers Could still be short-hedged near $89.00 The close the week of April 11 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

Theoretical Positions Hedgers: I still like being long put options as the contract has not established clear short-term or intermediate-term sell signals October $146 put options could’ve been bought on August 9 at $3.70 putting a floor price at $142.30 [...]

Theoretical Positions Hedgers It's possible sell orders were triggered below the previous 4-week low of $182.825 Hedgers likely bought put options on the recent rally Based on his price distribution and low implied volatility Traders Could be intermediate-term short near [...]

Theoretical Positions Hedgers Could still be short-hedged near $89.00 The close the week of April 11 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

Theoretical Positions Hedgers: I still like being long put options as the contract has not established clear short-term or intermediate-term sell signals October $146 put options could’ve been bought on August 9 at $3.70 putting a floor price at $142.30 [...]

Theoretical Positions Hedgers: There are no sell signals on the weekly chart Sell orders could be placed below the previous 4-week low of $182.825 Hedgers likely bought put options on the recent rally Based on his price distribution and low [...]

Theoretical Positions Hedgers: Could still be short-hedged near $89.00 The close the week of April 11 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

Theoretical Positions Hedgers: Could still be short-hedged near $99.35 The close the week of March 28 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

Theoretical Positions Hedgers: There are no sell signals on the weekly chart With implied volatility low, hedgers could buy still look at buying put options until sell signals are established Traders: Could be intermediate-term long from about $169.30, the close [...]

Theoretical Positions Hedgers: I still like being long put options as the contract has not established clear short-term or intermediate-term sell signals October $146 put options could've been bought on August 9 at $3.70 putting a floor price at $142.30 [...]

Theoretical Positions Hedgers: Short-hedgers could look to get positions in place near last Friday's close of $144.50, based on a bearish 2-day reversal. With implied volatility low, hedgers could buy put options until sell signals are established Traders: Could still [...]

Theoretical Positions Hedgers: There are no sell signals on the weekly chart With implied volatility low, hedgers could buy still look at buying put options until sell signals are established Traders: Could be intermediate-term long from about $169.30, the close [...]

Theoretical Positions Hedgers: Could still be short-hedged near $99.35 The close the week of March 28 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

Theoretical Positions Hedgers: There are no sell signals on daily, weekly, or monthly charts With implied volatility low, hedgers could buy put options until sell signals are established Traders: Could still be long-term short from the bearish key reversal completed [...]

Theoretical Positions Hedgers: There are no sell signals on the weekly chart With implied volatility low, hedgers could buy still look at buying put options until sell signals are established Traders: Could be intermediate-term long from about $169.30, the close [...]

Theoretical Positions Hedgers: Could still be short-hedged near $99.35 The close the week of March 28 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

Theoretical Positions Hedgers: There are no sell signals on daily, weekly, or monthly charts With implied volatility low, hedgers could buy put options until sell signals are established Traders: Could still be long-term short from the bearish key reversal completed [...]

Theoretical Positions Hedgers: There are no sell signals on daily, weekly, or monthly charts With implied volatility low, hedgers could buy put options until sell signals are established Traders: Could be intermediate-term long from about $169.30, the close the week [...]

Theoretical Positions Hedgers: Could still be short-hedged near $99.35 The close the week of March 28 as part of a bearish spike reversal These hedges might’ve been lifted when the contract posted a bullish key reversal the week of July [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

I mentioned Lean Hogs on my RFD-TV appearance Wednesday morning. Trend: We need to be careful with April lean hogs (and other contracts) as it builds toward a bearish reversal on its weekly chart This could be in the form [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

Live Cattle Secondary (Intermediate-term) Trend: Up April hit a new contract high of $147.275 last week Fundamentals: Bearish Futures spreads are bearish out through the October-December DNAI Algorithm Theoretical Position: Long (Reduce) Reducing the position is due to the market's [...]

I'm going to call the secondary (intermediate-term) trend on the April live cattle weekly chart sideways for now, given the contract held its previous 4-week low of $139.925 before rallying last week. This remains support heading into this week, with [...]

February live cattle remains in a secondary (intermediate-term) downtrend that began with the bearish key reversal the week of November 29. That week saw the contract post a new high of $141.85, with the test of the mark the week [...]

I'm not getting a good read on the secondary (intermediate-term) trend for March feeder cattle off this weekly chart. I could make an argument the contract has yet to move into Wave 5 of its secondary 5-wave pattern, while on [...]

I looked at a number of lean hog charts for this analysis and no clear secondary trend jumped out at me. The closest thing is a seasonal downturn on its weekly close only chart based on a new 4-week low [...]

Market Type: 1 through 3 based on bearish fundamentals and a mixed read on trend Secondary Trend: Mixed I'm getting mixed signals on the secondary trend of February live cattle The weekly price chart shows a downtrend based on the [...]

Market Type: 1 (Most Bearish) Secondary Trend: Down January feeder cattle remain in a secondary downtrend. Given this I'm expecting the contract to take out its previous low of $153.125. Noncommercial traders moved to a net-short futures position in the [...]

Market Type: 5 (Neutral) Secondary Trend: Sideways I am not getting a good trend read on Dec lean hog's weekly chart. The key will be if/when the contract tests its previous low of $71.275. The DNAI in-house algorithm is still [...]

Market Type (October): Type 1 (Most Bearish) Trend Secondary (intermediate-term): Down The contract posted a bearish spike reversal the week of July 26 The downside target area is between $159 and $154 Noncommercial traders added to their net long futures [...]

Market Type (October): Type 7 (Less Bearish) Trend Secondary (intermediate-term): Down The contract looks to be in Wave C (third wave) of its 3-wave pattern The peak of Wave B occurred the week of July 26 with a bearish outside [...]

Live Cattle April 2021 Weekly Close: $120.10, up $1.70 Secondary Trend: Down April-June Futures Spread: Bearish. (-$1.675), down $1.40 for the week. Analysis: While the secondary trend remain down, the minor trend has turned up. This will be our last [...]

Live Cattle April 2021 Weekly Close: $118.40, down $0.60 Secondary Trend: Down Noncommercial Position (as of Tuesday, March 16): Net-long 81,267 contracts, down 2,609 contracts April-June Futures Spread: Bearish. (-$0.275), up $1.15 for the week. Analysis: The secondary trend remains [...]

Live Cattle April 2021 Weekly Close: $119.00, down $0.025 Secondary Trend: Down Noncommercial Position (as of Tuesday, March 9): Net-long 83,876 contracts, up 244 contracts April-June Futures Spread: Bearish. (-$1.425), down $2.45 for the week. Analysis: The secondary trend remains [...]

Live Cattle February 2021 Weekly Close: $116.725, up $3.95 Secondary Trend: Up Noncommercial Position (as of Tuesday, January 19): Net-long 60,455 contracts, up 8,418 contracts Feb-April Futures Spread: (-$5.80), Bearish Analysis: This will be the last look at February live [...]

Live Cattle February 2021 Weekly Close: $112.775 (Friday, January 15), down $1.70 Secondary Trend: Sideways Noncommercial Position (as of Tuesday, January 12): net-long 52,037 contracts, down 4,688 contracts Feb-April Futures Spread: (-$5.425), Bearish Analysis: February live cattle continue to consolidate [...]

Live Cattle February 2021 Weekly Close: $114.85, up $1.60 Secondary Trend: Up Noncommercial Position (as of Tuesday, Dec. 8): 52,564 contracts net-long, up 3,385 contracts Feb-April Futures Spread: (-$3.80), Bearish Price Distribution: Lower 29%. Lower-third starts at $125.05. Analysis: The [...]

Live Cattle December 2020 Weekly Close: $108.65, up $0.35. Secondary Trend: Sideways. Dec-Feb Spread: (-$3.50) = Neutral. Market Type: 5 = Neutral. Price Distribution: Lower 20% = Bullish. Target: $101.60. Analysis: Dec live cattle’s minor uptrend could be nearing a [...]

Live Cattle December 2020 Weekly Close: $108.30, up $4.725. Secondary Trend: Sideways. Dec-Feb Spread: (-$3.05) = Neutral. Market Type: 5 = Neutral. Price Distribution: Lower 18% = Bullish. Target: $101.60. Analysis: Dec live cattle extended Wave C (third wave) of [...]

Live Cattle December 2020 Weekly Close: $103.575, down $5.05. Secondary Trend: Down. Dec-Feb Spread: (-$3.05) = Neutral. Market Type: 2 = Bearish. Price Distribution: Lower 10% = Bullish. Target: $101.60. Analysis: Dec live cattle extended Wave C (third wave) of [...]

Live Cattle October 2020 Weekly Close: $108.175, up $0.60. Secondary Trend: Down. Oct-Dec Spread: (-$2.925) = Bullish. Market Type: 3 = Less Bearish. Price Distribution: Lower 30% = Bullish. Target:$101.10 and $98.00. Analysis: The contract looks to be in position [...]

Live Cattle October 2020 Weekly Close: $104.90, down $3.65. Secondary Trend: Down. Oct-Dec Spread: (-$3.60) = Neutral. Market Type: 2 = Bearish. Price Distribution: Lower 18% = Bullish. Target: $101.10 and $98.00. Analysis: The secondary downtrend looks to be gaining [...]

Live Cattle October 2020 closed at $108.55, down $1.675 for the week. Trends: Secondary = Down. Targets: Secondary = $101.10 to 98.00. Analysis: After extending its secondary uptrend to a high of $111.15 the October contract closed lower for the [...]

Live Cattle October 2020 closed at $110.225, up $2.775 for the week. Trends: Secondary = Up. Targets: Secondary = None at this time. Analysis: The October live cattle contract extended its secondary uptrend to a new high of $110.825 while [...]

Live Cattle October 2020 closed at $107.875, up $2.775 for the week. Trends: Secondary = Up. Targets: Secondary = None at this time. Analysis: The October live cattle contract is an interesting study in that is posted a bullish outside [...]

Live Cattle August 2020 closed at $103.275, up $3.275 for the week. Trends: Secondary = Up. Targets: Secondary = $103.25. Analysis: The contract posted a bullish outside range before closing near its weekly high of $103.875. With weekly stochastics above [...]

Live Cattle August 2020 closed at $100.00, up $0.60 for the week. Trends: Secondary = Up. Targets: Secondary = $103.25. Analysis: Weekly stochastics have been pulled above the overbought level of 80%, in position for a bearish crossover that would [...]

Live Cattle August 2020 closed at $96.026, up $0.625 for the week. Trends: Secondary = Up. Targets: Secondary = $103.25. Analysis: The contract has rallied off its recent test of its minor downside target near $93.75. If it is able [...]

Live Cattle August 2020 closed at $95.40, up $0.075 for the week. Trends: Minor = Down. Secondary = Up. Targets: Minor = $93.75 to $88.80. Conclusion: Look for the contract to extend its minor downtrend next week, possibly to a [...]

Live Cattle August 2020 closed at $96.175, down $3.425 for the week. Trends: Minor = Down. Secondary = Up. Targets: Minor = $93.75 to $88.80. Conclusion: The minor downtrend looks to be nearing its end. However, key secondary support is [...]

Live Cattle June 2020: The contract closed at $99.725, up $2.025 for the week. June live cattle extended its secondary uptrend to a high of $101.60 last week before falling back at the close. The minor trend has turned down, [...]

Live Cattle June 2020: The contract closed at $97.70, up $0.70 for the week. June live cattle extended its secondary uptrend to a high of $100.00 last week before falling back below the target of $98.25. This price marks the [...]

Live Cattle June 2020: The contract closed at $97.00, up $2.35 for the week. June live cattle extended its secondary uptrend to a high of $98.85 last week, a test of the target at $98.25. This price marks the 50% [...]

Live Cattle June 2020: The contract closed at $94.65, up $7.40 for the week. June live cattle extended its secondary uptrend to a high of $98.475 last week, a test of the target at $98.25. This price marks the 50% [...]

Live Cattle June 2020: The contract closed at $87.25, up $4.625 for the week. The secondary trend still looks to be in the process of turning up, with confirmation a potential new 4-week high early this week. The previous 4-week [...]

Live Cattle June 2020: The contract closed at $82.625, down $3.675 for the week. While the secondary trend still looks to be in the process of turning up, June cattle continue to consolidate within the week of April 6 range [...]

Live Cattle June 2020: The contract closed at $86.30, up $1.925for the week. The secondary trend still looks to be in the process of turning up, though pressure could be tied to renewed commercial selling this coming week. Last Friday [...]

Live Cattle June 2020: The contract closed at $84.375, up $3.525 for the week. Though the minor trend is up, last week’s action indicates the contract could pull back to test its previous low of $76.60. Short-term support is between [...]

Live Cattle April 2020: The contract closed at $88.325, down $12.625 for the week. April live cattle extended the market’s major (long term) downtrend to a low of $88.325 last week. Next major support on the market’s continuous monthly chart [...]

Live Cattle April 2020: The contract closed at $100.95, up $2.30 for the week. The cattle market in general posted an extremely volatile week last week with the nearby April leaving a bullish gap between the previous week’s high of [...]

Live Cattle April 2020: The contract closed at $98.65, up $3.075 for the week. April live cattle posted a new contract low of $91.075 before rallying last week. This created a bullish spike reversal on its weekly chart, indicating the [...]

Live Cattle April 2020: The contract closed at $95.575, down $10.175 for the week. The April contract collapses last week, hitting the lowest price by a nearby futures contract since the low of $93.40 posted during September 2019. The contract [...]

Live Cattle April 2020: The contract closed at $105.75, down $1.825 for the week. The April contract extended its secondary (intermediate term) downtrend to a new contract low of $105.65 last week. This also established a new major (long term) [...]

Live Cattle April 2020: The contract closed at $107.575, down $10.675 for the week. The April contract extended its secondary (intermediate term) downtrend to a new contract low of $107.475 last week. The contract also left a bearish gap between [...]

Live Cattle April 2020: The contract closed at $118.25, down $2.075 for the week. The April contract remains in a secondary (intermediate term) downtrend with the next target price at $116.70. This price marks the 61.8% retracement level of the [...]

Live Cattle April 2020: The contract closed at $120.325, up $0.525 for the week. The April contract extended its secondary (intermediate term) downtrend to a low of $116.65 before posting a strong rally into the weekly close. This was a [...]

Live Cattle April 2020: The contract closed at $119.80, up $0.125 for the week. The April contract extended its secondary (intermediate term) downtrend to a low of $118.35 before rallying to a higher weekly close last week. This was a [...]

Live Cattle April 2020: The contract closed at $119.675, down $4.625 for the week. The June contract extended its secondary (intermediate term) downtrend to a low of $119.25 last week. The next downside target area is $116.70, a price marking [...]

Live Cattle February 2020: The contract closed at $124.85, down $1.50 for the week. Feb live cattle fell below the previous 4-week low of $124.55, confirming a new secondary (intermediate term) downtrend signaled by a bearish crossover by weekly stochastics [...]

Live Cattle February 2020: The contract closed at $126.35, down $1.075 for the week. Feb live cattle continue to consolidate between resistance at the recent double-top of $127.90 and support at the 4-week low of $124.55. Last week’s lower close [...]

Live Cattle February 2020: The contract closed at $127.425, up $2.70 for the week. Feb live cattle continue to consolidate below the recent double-top of $127.90, with support at the 4-week low of $124.55. Weekly stochastics remain well above the [...]

Live Cattle February 2020: The contract closed at $124.725, down $1.975 for the week. While there has been no clear technical confirmation, Feb live cattle look to be rolling over into a secondary (intermediate term) downtrend. Such confirmation could come [...]

Live Cattle February 2020: The contract closed at $126.70, up $0.90 for the week. Feb live cattle continue to consolidate below the recent double-top high of $127.90, with support at the 4-week low of $123.80. Weekly stochastics have posted a [...]

Live Cattle February 2020: The contract closed at $127.55, up $2.575 for the week. Feb live cattle posted a bullish breakout of a rare diamond top pattern on its weekly chart, shattering the conclusion (for now) the secondary (intermediate term) [...]

Live Cattle February 2020: The contract closed at $124.975, down $1.225 for the week. Feb live cattle continue to consolidate below its recent high of $127.15, with no confirmation of a new secondary (intermediate term) downtrend signaled by the bearish [...]

Live Cattle February 2020: The contract closed at $126.20, up $2.35 for the week. Feb live cattle climbed to a new contract high of $127.15 before falling back a bit to close out the week. As of this writing there [...]

Live Cattle February 2020: The contract closed at $123.85, down $1.125 for the week. Feb live cattle still look to be in a secondary (intermediate-term) downtrend following the previous week’s bearish key reversal and recent bearish crossover by weekly stochastics. [...]

Live Cattle December 2019: The contract closed at $119.10, down $0.15 for the week. Though the Dec contract still looks to be in a secondary (intermediate term) downtrend following the previous week’s bearish spike reversal, last week’s activity saw the [...]

Live Cattle December 2019: The contract closed at $119.25, down $0.275 for the week. After extending its secondary (intermediate term) uptrend to a new high of $120.325 last week, Dec live cattle closed lower. This looks to be a bearish [...]

Live Cattle December 2019: The contract closed at $119.525, up $3.45 for the week. Dec live cattle extended its secondary (intermediate term) uptrend to a new high of $119.70 before closing near its weekly high. Weekly stochastics are approaching 100%, [...]

Live Cattle December 2019: The contract closed at $116.075, up $2.45 for the week. Dec live cattle extended its secondary (intermediate term) uptrend to a new high of $116.225 last week, well beyond the upside target near $114.25. This price [...]

Live Cattle December 2019: The contract closed at $113.625, up $1.475 for the week. Dec live cattle extended its secondary (intermediate term) uptrend to a new high of $114.425 last week, a test of the upside target near $114.25. This [...]

Live Cattle December 2019: The contract closed at $112.15, up $1.375 for the week. Dec live cattle extended its secondary (intermediate term) uptrend to a new high of $112.30 last week, pulling weekly stochastics near the overbought level of 80% [...]

Live Cattle December 2019: The contract closed at $110.775, up $0.20 for the week. Dec live cattle extended its secondary (intermediate term) uptrend to a new high of $111.15 last week, a test of the next upside target near $111.20. [...]

Live Cattle December 2019: The contract closed at $110.575, up $5.425 for the week. Dec live cattle extended its secondary (intermediate-term) uptrend to a new high of $110.75 last week, a test of the next upside target near $111.20. This [...]

Live Cattle December 2019: The contract closed at $105.15, up $0.775 for the week. The Dec contract (along with the Feb and April issues) still looks to be in a secondary (intermediate-term) uptrend after extending to a new high of [...]

Live Cattle December 2019: The contract closed at $104.375, up $4.6255 for the week. The Dec contract (along with the Feb and April issues) posted a bullish key reversal last week. After posting a new contract low of $98.20, Dec [...]

Live Cattle October 2019: The contract closed at $94.875, down $4.05 for the week. The market collapsed last week with October live cattle closing at a new contract low, down the daily limit Friday. Weekly stochastics indicate the contract remains [...]

Live Cattle October 2019: The contract closed at $98.925, down $0.475 for the week. Despite a lower weekly close, stochastics was able to establish a bullish crossover below the oversold level of 20% last week. While the contract continues to [...]

Live Cattle October 2019: The contract closed at $99.40, up $1.35 for the week. The market stabilized last week with October holding above its new contract low of $97.775. Renewed commercial buying was seen, indicated by the slightly weaker carry [...]

Live Cattle October 2019: The contract closed at $98.05, down $8.70 for the week. Last week was one of those weeks that show what a Chaos event can do to both technical and fundamental analysis. Last weekend’s fire at Tyson’s [...]

Live Cattle October 2019: The contract closed at $106.75, down $1.075 for the week. Let’s take a look at the various trends October cattle have going at this time: The minor (short-term) trend still looks to be down, with support [...]