Cattle is Holding Key Fibonacci Retracements

Live Cattle

The chart is key to this analysis.

(LEQ25) 

The current setback in Cattle from the 217.47 major Gann square is holding a combination of Fibonacci retracements at 208.30. This is 38.2% back to the 4/9/25 low and 23.6% back to the contract low. 

A rally from here can send it back to the 217.47 major Gann square, that is also 78.6% back to the 6/9/25 high.

This is our analysis from last weeks update,

Livestock

6/19/25

Cattle

August

From last week,

It had 5 closes above the 217.47 major Gann square and swing point for the week, but didn't rally much above it, however it does move all the levels below up. The new high lines up the retracements back to the two most important lows at 4/9/25 and 9/9/24 at the same point. These will be the retracements to watch for the first sign of a trend change.

Use 217.47 as the swing point for the week again.

Below it, the two most important lows to retrace to are on 9/9/24 and 4/9/25, the combination of 38.2% back to the 4/9/25 low and 23.6% back to the 9/9/24 low is 208.30, this will be the short term target on a setback from here. All of....  Any setback that can't get below the 23.6% back to the 4/9/25 low at 212.90 keeps the trend extremely positive and a new high can quickly follow.

The break below the 217.47 major Gann square and swing point for the week took out the tightest support at 212.90 and this will be the key level for the next week.

Use 212.90 as the swing point for the week.

Above it, the short term target is 78.6% back to the 6/9/25 high at 217.80, there is also the 217.47 major Gann square for added resistance. A failure to turn lower from this area will give us only major Gann squares to look for resistance and then use as the swing point when closed above, the next two are  224.44 and 232.52.

Below it, the two most important lows to retrace to are on 9/9/24 and 4/9/25, the combination of 38.2% back to the 4/9/25 low and 23.6% back to the 9/9/24 low is 208.30, this will be the short term target on a setback from here. All of the below levels will change with any new high, so those are the two key lows to retrace to. The long term swing point is 38.2% back to the 9/9/24 low at 200.60, this is also 61.8% back to the 4/9/25 low. 

This is our latest video (48 in total) on how to use the Fibonacci retracements with the ONE44 rules and guidelines.

ONE44 Analytics where the analysis is concise and to the point

Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member.

You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines.

Sign up for our Free newsletter here.
 

FULL RISK DISCLOSURE: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Past performance is not necessarily indicative of future results.