Fibonacci Retracements & Why They Matter In Cattle

Fibonacci Retracements & Why They Matter In Cattle.

This is also true for ALL markets.

(LEZ26) 

The charts are 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.

On the charts you can see how many times the markets found support, or resistance and the major Gann squares and Fibonacci retracements.

We have done 45 videos on how to use the Fibonacci retracements with the ONE44 rules and guidelines. These Videos are worth watching even if it is not in the market you are trading, as the ONE44 rules and guidelines are the same for every market. You will also see why we believe the Fibonacci retracements are the underlying structure of ALL markets. This is the latest.

October Cattle Analysis

The ONE44 38.2% rule says,

The 38.2% level is the single most important retracement and this is the one we use for the "Golden Rule". This rule being, " any market that is going to keep its current trend must hold 38.2%". As long as it does the trend will continue and it should make new highs/lows from that retracement.

As you can see on the chart the lows on 3/9/26 and 6/4/26 held the 38.2% retracements to keep the trend positive. The market failed to make a new high on 6/22/26 in the area of a 78.6% retracement.

 Following the ONE44 78.6% rule,

Any market that hits 78.6% should go 78.6% back the other way. This is also where a lot of Bull markets end and start.

On the chart again you can see this is where the market ended the bull run for now and then the first rally attempt after that high held 38.2% on 8/5/26 to keep the trend negative. The market did make a new low from there and is sitting on a 61.8% retracement, we are now going to use the ONE44 61.8% retracement to get the upside target as long as this level holds.

This is our update for Cattle from our Weekly Grain/Livestock Update on 8/20/26.

Livestock

Cattle

October

From last week,

The market failed to get above the 228.65 (38.2%) swing point (228.45 high) keeping the trend negative and today it fell just shy of the short term target of 78.6% at 219.80 and this will be the key level for the week. A failure to make a new low in the area of a 78.6% retracement can be the beginning of the next bull run per the ONE44 78.6% rule.

Use 219.80 as the swing point for the week.

Below it, the short term target is 61.8% of the contract high and low at 214.87, this is also a major Gann square. The long ...

Every close this week was below the 219.80 (78.6%) swing point and that ended the idea of a 78.6% retracement being the start of the next bull move. It fell just shy of the short term target of 214.87, this is a major Gann square and 61.8% and this will be the key level for the week. We will use the ONE44 61.8% rule to get the longer term upside target.

Use 214.87 as the swing point for the week.

Above it, the short term target is 38.2% back to the contract high at 227.35. The longer term target is 61.8% the other way at 234.60 per the ONE44 61.8% rule. Any rally that can't get above the 221.78 major Gann square keeps the trend very negative and a new low can quickly follow.

Below it, the short term target is 207.28, this is 78.6% back to the contract low and a major Gann square. A failure to turn back up from this area will give us only major Gann squares to look for support and then use as the swing point when closed below, the next two are 200.75 and 193.68.

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.

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