Weekly Chart Patterns + Future Target
Consumer prices and healthcare bill caution. Hog oppertunity. Finding the next boom markets.
News this week focused on political moves in Brazil & Washington, affecting cattle, oil and the USDA.
Good entry point for Long
Daily Chart & 200 day Moving Avg
Lower is lower. Lower is also bearish.
Daily Charts - Seasonal Top
Lots of Charts
Grain markets are mixed as traders even positions going into the weekend. Estimates for next weeks USDA reports, and world supplies remain thefocus. Outside markets continue to monitor Washington for...
Two Gaps in Chart
Percent change over last 60 days
How to figure the target price of a H&S pattern
Cash hog prices were down .50 yesterday with the product breaking $80.00 for the first time in several weeks. Wild spike in volume of trade occurred yesterday in both LC and FC.
Grain markets are mostly steady with soybeans holding consolidation support levels. Outside markets are showing a back and fill attitude as crude oil, the US Dollar and stock indices are a bit higher....
Dollar reaches critical point. 50% retracement on Daily Chart.
Live Cattle rally continues
Historical and seasonal price movements for the meats--Live Hogs, Feeder Cattle, and Live Cattle futures--in Week 13.
Earlier today I ...