Cattle Test Their 3 Month Uptrend January 19, 2023
Chart action is important to note here with April fats testing their general three month uptrend today. The day's close held that support point. Five days of sharp losses have pushed March feeders back to pricing not seen since November 15. Five days have cleared out seven weeks of gains. We'll monitor whether 179.17 support from lows made back in November hold today.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
-
Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
Market Movers
December 4, 2023
December 1, 2023
November 30, 2023
November 29, 2023
November 28, 2023
Snapshots
Snapshots