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 [...]

Live Cattle October 2019: The contract closed at $107.825, down $2.075 for the week. As discussed last week, the contract’s minor (short-term) trend gained momentum last week after the contract posted a new high for this move of $110.60. A [...]

Live Cattle October 2019: The contract closed at $109.90, up $1.40 for the week. The contract extended its secondary (intermediate-term) uptrend last week to a new high of $110.55. The contract’s daily chart continues to indicate a possible minor (short-term) [...]

Live Cattle October 2019: The contract closed at $108.50, down $1.475 for the week. Despite last week’s lower close October live cattle remain in a secondary (intermediate-term) 5-wave uptrend. Last week’s inside trading range leaves the door open to a [...]

Live Cattle August 2019: The contract closed at $108.475, up $1.475 for the week. August live cattle extended its secondary (intermediate-term) uptrend to a new 4-week high of $108.725 last week. The initial upside target remains near $109.30, a price [...]

Live Cattle August 2019: The contract closed at $107.00, up $2.65 for the week. August live cattle confirmed its move to a secondary (intermediate-term) uptrend as it posted a new 4-week high of $107.80 last week. The next upside target [...]

Live Cattle August 2019: The contract closed at $104.35, up $2.125 for the week. August live cattle posted a new low of $101.975 before closing higher last week. Combined with the previous week’s close near its weekly low of $102.05, [...]

Live Cattle August 2019: The contract closed at $102.225, down $2.05 for the week. August live cattle fell to a new low of $102.05 last week, setting aside thoughts of a secondary (intermediate-term) 5-wave uptrend for now. If the contract [...]

Live Cattle August 2019: The contract closed at $104.275, up $0.975 for the week. August live cattle is still hinting at a likely secondary (intermediate-term) 5-wave uptrend, with last week’s high of $107.175 possibly a Wave 1 high. If so, [...]

Live Cattle August 2019: The contract closed at $103.30, up $0.225 for the week. August live cattle posted an inside trading range last week, hinting at a possible bullish change in secondary (intermediate-term) trend possibly as soon as this coming [...]

Live Cattle August 2019: The contract closed at $103.075, down $0.975 for the week. As discussed in this space last week, the August contract gained bearish momentum as it moved below its previous 4-week low of $106.225. This led to [...]

Live Cattle August 2019: The contract closed at $107.95, down $0.975 for the week. The contract continues to consolidate above its recent low of $106.225. A break of this support could lead to a test of the previous secondary (intermediate-term) [...]

Live Cattle August 2019: The contract closed at $108.925, up $0.025 for the week. The contract’s secondary (intermediate-term) 3-wave downtrend looks to have come to an end last week. August live cattle fell to a new low for this move [...]

Live Cattle June 2019: The contract closed at $115.05, down $7.625 for the week. The contract remains in a secondary (intermediate-term) 3-wave downtrend with last week’s activity an example of a strong Wave C (third wave). Given the move easily [...]

Live Cattle June 2019: The contract closed at $122.675, up $1.225 for the week. While the contract remains in a secondary (intermediate-term) 3-wave downtrend, the minor (short-term) trend on its daily chart remains up (see chart). This indicates June cattle [...]

Live Cattle June 2019: The contract closed at $121.45, up $1.10 for the week. The contract still looks to be in a secondary (intermediate-term) downtrend, with the recent consolidation looking to be the early stages of a Wave B (second [...]

Live Cattle June 2019: The contract closed at $120.35, up $1.35 for the week. The contract is still flirting with a potential move to a secondary (intermediate-term) downtrend, though holding above support at the 4-week low of $117.925. The latest [...]

Live Cattle June 2019: The contract closed at $119.00, down $4.50 for the week. The contract followed through on the previous week’s bearish crossover by weekly stochastics, an indicator that the secondary (intermediate-term) trend could turn down, falling below initial [...]

Live Cattle June 2019: The contract closed at $123.50, up $1.575 for the week. June live cattle posted a new high of $124.90 last week before falling back at the close. This created a bearish crossover by weekly stochastics above [...]

Live Cattle June 2019: The contract closed at $121.925, up $0.975 for the week. June live cattle posted a strong rally, with last week’s price action establishing a bullish outside range on its weekly chart. Support continues to come from [...]

Live Cattle June 2019: The contract closed at $129.675, up $0.125 for the week. I rolled my analysis to the June contract this week since it is the heavier traded live cattle contract. June hit a new high of $121.00, [...]

Live Cattle April 2019: The contract closed at $129.55, up $0.675 for the week. April live cattle posted a new high of $130.45 last week, extending its secondary (intermediate-term) uptrend. Not surprisingly, weekly stochastics remain well above the overbought level [...]

Live Cattle April 2019: The contract closed at $128.875, up $1.70 for the week. April live cattle posted a new high of $129.60 last week, extending its secondary (intermediate-term) uptrend. Not surprisingly, weekly stochastics remain above the overbought level of [...]

Live Cattle April 2019: The contract closed at $127.175, down $0.75 for the week. April live cattle continue to consolidate below the high of $129.475 (week of January 28), part of what still looks to be a bearish spike reversal. [...]

Live Cattle April 2019: The contract closed at $127.925, up $1.65 for the week. Live cattle continue to quiet talk of potential secondary (intermediate-term) downtrends with strong weekly trade. This past week saw the April contract post an inside trading [...]

Live Cattle April 2019: The contract closed at $126.85, down $0.525 for the week. The contract remains a mix of signals, with weekly stochastics establishing a bearish crossover above the overbought 80% level signaling a potential move to a downtrend. [...]