A breakout of the trendline, a large red candle that pierces the 20-period moving average, and a runout of the RSI. We can wait for the pull-back or enter into position now.
Monday’s Slaughter is estimated at 125,000. Unchanged from last week, but 9,000 more than the same week last year. Monday’s Cutout Values Choice: 270.55, Up 1.64 from the previous day. Select: 242.66, Up .87 from the previous day. Choice/Select Spread: 27.89 5 Area Average Cattle Price Live Steer:142.12 Live Heifer: 139.98 Dressed Steer: 229.48 Dressed Heifer:...
Live cattle futures are on the verge of a technical breakout, something that we've been rooting for for some time now. The cash market remains firm, and the charts are getting more constructive. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical...
Friday’s Slaughter is estimated at 125,000. 4,000 more than last week, and 4,000 more than the same week last year. Friday’s Cutout Values Choice: 267.89, Down .18 from the previous day. Select: 241.85, Down .73 from the previous day. Choice/Select Spread: 26.04 5 Area Average Cattle Price Live Steer:144.37 Live Heifer: 141.69 Dressed Steer: 232.30 Dressed...
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
Tuesday’s Slaughter is estimated at 126,000. Unchanged from last week, and 6,000 more than the same week last year. Tuesday’s Cutout Values Choice: 264.66, Up .84 from the previous day. Select: 239.87 Down .60 from the previous day. Choice/Select Spread: 24.79 5 Area Average Cattle Price Live Steer: N/A Live Heifer: N/A Dressed Steer: N/A Dressed Heifer:...
Thursday’s Slaughter is estimated at 124,000. 2,000 more than last week, and 7,000 more than the same week last year. Thursday’s Cutout Values Choice: 264.00, Down .88 from the previous day. Select: 240.57 Down .24 from the previous day. Choice/Select Spread: 23.43 5 Area Average Cattle Price Live Steer: 145.85 Live Heifer: 143.55 Dressed Steer: 234.01 Dressed...
Tuesday’s Slaughter is estimated at 126,000. Unchanged from last week and 5,000 more than the same week last year. Tuesday’s Cutout Values Choice: 267.14, Down 1.54 from the previous day. Select: 243.31, Down 1.93 from the previous day. Choice/Select Spread: 23.44 5 Area Average Cattle Price Live Steer: 137.00 Live Heifer: 147.20 Dressed Steer: N/A Dressed...
Mondays Slaughter is estimated at 125,000. 1,000 more than last week and 6,000 more than the same week last year. Monday's Cutout Values Choice: 268.68, Up 3.70 from the previous day. Select: 245.24, Up .22 from the previous day. Choice/Select Spread: 23.44 5 Area Average Cattle Price Live Steer: 144.55 Live Heifer: 141.88 Dressed Steer: 235.22 Dressed Heifer:...
Live Cattle Technicals (August): August live cattle were under pressure all day yesterday, trading down to the low end of our first support pocket, 134.85-135.35. Yesterday’s low was 134.85. If the Bulls cannot defend this pocket through today’s session, it may open the door for another leg lower, with the next support pocket coming in near 132.45-132.775. On the...
Tuesday’s Slaughter is estimated at 126,000. 4,000 more than last week and 4,000 more than the same week last year. Tuesday’s Cutout Values Choice: 267.56, Up 1.06 from the previous day. Select: 246.70, Up .31 from the previous day. Choice/Select Spread: 20.86 5 Area Average Cattle Price Live Steer: N/A Live Heifer: N/A Dressed Steer: N/A Dressed Heifer:...
Friday’s Slaughter is estimated at 124,000. Unchanged from last week, but 6,000 more than the same week last year. Friday’s Cutout Values Choice: 266.26, Down .90 from the previous day. Select: 246.53, Up 1.15 from the previous day. Choice/Select Spread: 19.73 5 Area Average Cattle Price Live Steer: 143.73 Live Heifer: 142.94 Dressed Steer: 229.73 Dressed...
Thursday's Slaughter is estimated at 126,000. Unchanged from last week, but 5,000 more than the same week last year. Thursday's Cutout Values Choice: 267.16, Down 1.06 from the previous day. Select 245.38, Down .30 from the previous day. Choice/Select Spread: 21.78 5 Area Average Cattle Price Live Steer: 144.10 Live Heifer: 143.22 Dressed Steer: 229.47 Dressed...
Wednesday's Slaughter is estimated at 126,000. Unchanged from last week, but 5,000 more than the same week last year. Wednesday's Cutout Values Choice: 268.22, Down 1.22 from the previous day. Select245.68, Down 1.14 from the previous day. Choice/Select Spread: 22.54 5 Area Average Cattle Price Live Steer: 143.81 Live Heifer: 142.99 Dressed Steer: 229.10 Dressed...
Tuesday’s Slaughter is estimated at 122,000. 4,000 less than last week, but unchanged from the same week last year. Tuesday’s Cutout Values Choice: 269.44, Down 1.10 from the previous day. Select: 246.82, Down .63 from the previous day. Choice/Select Spread: 22.62 5 Area Average Cattle Price Live Steer: 141.72 Live Heifer: 143.00 Dressed Steer: 225.58 Dressed...
Monday’s Slaughter is estimated at 125,000. Unchanged from last week, but 8,000 more than the same week last year. Monday’s Cutout Values Choice: 270.54, Down .78 from the previous day. Select: 247.45, Down 1.44 from the previous day. Choice/Select Spread: 23.09 5 Area Average Cattle Price Live Steer: 140.14 Live Heifer: 138.35 Dressed Steer: 226.03 Dressed...
Friday’s Slaughter is estimated at 124,000. 2,000 less than last week, but 5,000 more than the same week last year. Friday’s Cutout Values Choice: 271.32, Up .22 from the previous day. Select: 248.89, Down .72from the previous day. Choice/Select Spread: 22.43 5 Area Average Cattle Price Live Steer: 140.52 Live Heifer: 139.41 Dressed Steer: 226.02 Dressed...
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...