Below it, look for it to complete the 61.8% to 61.8% move per the ONE44 61.8% rule at 71.65.
Mr Gann viewed stocks as live electrons, atoms, and molecules which hold persistently to their own individuality in response to the fundamental Law of Vibration.
Yesterday, I was a guest on AgWeb's Markets Now to discuss the recent action in the grain markets. I also talked about the cattle and energy markets.
Friday’s cattle trade settled triple digits higher. The $2.10 gain in October left the lead month at a 15 cent gain for the week’s move, while Dec was still 47 cents in the red Fri/Fri. USDA reported...
Front month hog prices were another triple digits lower to close the last trade day of the week. Dec and Feb futures gave back another 3% on the day. For Dec hogs that cemented the weekly pullback at $2.92,...
In my opinion, a shift was felt in the financial and commodity markets this week. As the Fed is tasked with lowering inflation, and rates believed the main tool of impact, the most recent bout of inflation...
Cattle on Feed - 2023-09-22
The cattle board is up by $1.10 to $1.52 for the last trade day of the week. That has Oct futures back to break even for the week’s net move. USDA reported cash trade from $183 - $187 with most sales...
