Cattle & the 78.6% Fibonacci Retracement

Cattle & the 78.6% Fibonacci Retracement

The chart is key to this analysis.

There are two methods we use at ONE44 to find support and resistance in the markets.

The first are major Gann squares, these are the yellow horizontal lines on the chart.

The second is Fibonacci retracements.

This is our latest Video on how to use the Fibonacci retracements with the ONE44 rules and guidelines. NEW VIDEO

In the update below we have the swing point and what to look for above and below based on the two methods of analysis.

(LEZ25) 

As you can see on the chart every setback on this massive rally has held a 23.6%, or 38.2% Fibonacci retracement to keep the trend positive. It has now hit our short term target at the 78.6% retracement on 9/22/25 at 241.07. Following the ONE44 78.6% rule, this is where a lot of Bull markets end (and start). The first target with this rule is 78.6% the other way, we will now see if it is the end of the Bull run.

Below is the ONE44 Weekly Grain/Livestock Update for December Cattle. 

9/25/25

Livestock

Cattle

December

From last week,

The market had a mix of closes above and below the swing point for the week. In the bigger picture it still hasn't taken out a key level below to say the rally is over yet. We will use the 233.60 major Gann square as the key level for the week. Without taking a key level out below the other thing to watch for is how it reacts at the 78.6% level above for any sign of a change in trend.

Use 233.60 as the swing point for the week.

Above it, the short term target is the previous major Gann square at 241.07, this is also 78.6% back to the high, a failure to make a new high in this area can send this market quickly lower. With no....

This week's rally from the 233.60 major Gann square and swing point for the week hit the short term target of 241.07. This was a major Gann square and 78.6% back to the contract high, with it failing to make a new high in the area of a 78.6% retracement it can be the end of the Bull run for now, the short term target is 78.6% the other way, per the ONE44 78.6% rule. This will be the key level for the week.

Use 241.07 as the swing point for the week.

Above it, there are only major Gann squares to look for resistance and then use as the swing point when closed above, the next two are 248.97 and 256.71.

Below it, the short term target is 78.6% back to the 9/10/25 low at 232.80, per the ONE44 78.6% rule. If this is all it can setback it is a strong sign and it can go for a new contract high. The longer term target area is 23.6% back to the 9/9/24 low at 226.85 and the 226.02 major Gann square. If the failure to make a new high in the area of a 78.6% retracement as it just did at 241.07, it can be the end of the Bull run for now (ONE44 78.6% rule) and the long term target is 38.2% back to the same low at 216.70, this is also the long term swing point.

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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.

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