Advised Trader

Share this post
Live Cattle and Lean Hog Futures moving into late July
www.advisedtrader.com

Live Cattle and Lean Hog Futures moving into late July

2045 cst

Derek William Frazier
Jul 20, 2022
3
Share this post
Live Cattle and Lean Hog Futures moving into late July
www.advisedtrader.com
two black jersey cattle on ranch

Cattle:

This is not too big of a deal I think everybody can see that live cattle futures are sideways to down and they are now breaking through as of yesterday 20 day cycle support but I'm going to be watching and setting an alert for a breakdown below 134.75 to go short during market hours.

Keep in mind that there is a 5 day trough that is completing, and a move below this price will signal a break of that 5 day cycle and it should move into its end of trading cycle lows.

Hogs:

Its moving up out of an 80 day cycle, and probably will continue to tack higher on daily candles, with buyers below each candle in a channel until a buying climax of some kind.

Advised Trader is a reader-supported publication. To receive new posts and support my work, consider becoming a free subscriber.

3
Share this post
Live Cattle and Lean Hog Futures moving into late July
www.advisedtrader.com
3 Comments
author
Derek William Frazier
Jul 27, 2022Author

26 july Live cattle has a 50 day component driving prices weakly higher, wait for another short in the weeks ahead

Expand full comment
ReplyCollapse
author
Derek William Frazier
Jul 20, 2022Author

1815 cst 20jul22 live cattle futures can have their sell stop entry move to 135.50 or thereabouts. Confirm with tape & failure of intraday cycle, or FLD résistance.

Expand full comment
ReplyCollapse
1 more comment…
TopNewCommunity

No posts

Ready for more?

© 2023 Derek Frazier LLC
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing