NORTH AMERICAN AG WEEKLY LIVE CATTLE UPDATE 12/16/19  

The following trades are hypothetical.  Past results are not a
guaranty of future results

TECHNICAL SUMMARY:

The weekly trend is UP for Februaryy live cattle on the electronic weekly chart
with the computer going long February live cattle the week of 9/27/19 at $115.575
with current stop at $123.80 (12/20/19).

Friday, December 13, 2019 February live cattle on the weekly chart settled the week
up 2.675 at $127.825.

The weekly trend is UP for April live cattle on the electronic weekly chart
with the computer going long April live cattle the week of 9/20/19 at $117.425
with current stop at $123.525 (12/20/19).

Friday, December 13, 2019 April live cattle on the weekly chart settled the week
up 2.875 at $128.425.

     GANN WHEEL SUPPORT AND RESISTANCE:
Using the 9/9/19 low $98.20 December cattle have resistance at:
450 cl = $114.55; 540 cl = $117.95;  630 = $121.35; 720 = $124.85,

$122.625 is the high for the move made on 12/13/19.

Using the $122.625 high December cattle have support at:

45 cou $120.85; 90 cou = $119.25; 144 cou = $117.25.

Using the 9/9/19 low on the February cattle chart $105.125 the 720 + 180 cl
wheel number is $140.05.

$80.00 and $96.00 and and $110.65 and $112.50 are pivot points. 


HARMONIC GANN WHEEL CYCLE ANALYSIS:
On the December cattle chart measured from the 4/17/19 cycle high $123.975
144 degrees in time was due 9/9/19 and it marked a cycle low at $98.20.

Using the 9/9/19 low the death cycle started on 10/24/19 and ended on 11/2/19
(marked high $120.325 on the December cattle chart on Monday 11/4/19).

Using the 9/9/19 low 90 degrees in time was due 12/9/19.

On the December cattle chart measured from the 4/18/19 high $124.75 the
233 cattle harmonic ends on December 7th (if a 228 then it ended on 12/2/19).

On the April cattle chart measured from the 9/9/19 low $109.375 the
233 cattle harmonic ends on April 29th.  The midpoint in time of the 233
is due 1/4/19. The midpoint in price is $123.90 and target $138.50.

Measured from the 9/9/19 low a 84 market day cycle is due 1/6/19.

WEEKLY CYCLE ANALYSIS:
On the December cattle chart a cycle of 144 measured from 10/14/16 cycle low
$96.10 was due the week of 7/19/19 and marked high at $114.925. The first
division point past the 144 week was due the week of 11/22/19.

PLANETARY CYCLES:
On the December live cattle chart support at Uranus crossing at $93.80.

On the December live cattle chart planetary resistance is at Jupiter crossing
at $123.40.

WEEKLY REVERSAL PATTERNS:
There is neither a buy or a sell signal on the weekly April live cattle chart for
the week ending 12/20/19.

HEDGE RECOMMENDATIONS:
  Continue to use our computer generated trades and our seminar
information for your hedging. Best of both worlds.

  Written by David Gleason CTA and Nathan Gleason AP.

North American Ag
  752 E. Greenbrier Place
  Sioux Falls, SD 57108

Phone 1-605-367-9278

This information is not to be construed as an offer to sell or a
solicitation or an offer to buy the commodities herein named.  The
factual information of this report has been obtained from sources
believed to be reliable, but is not guaranteed as to the accuracy,
and is not to be construed as representation by North American
Agricultural Services.

  ** The North American Ag Report includes information to from sources
   and technical analysis believed to be reliable and accurate as of the
   date of this letter, but no independent verification has been made
   and the letter is not guaranteed to its accuracy or completeness.
   Opinions are subject to change without notice. This report should not
   be constructed as a request to engage in any transaction involving
   the purchase or sale of a future contract and/or commodity options.
   The risk of lost in trading futures contracts or commodity options
   can be substantial, and investors should carefully consider the
   inherent risks of such an investment in light of their financial
   conditions. Only those in the proper financial condition and who are
   willing to assume responsibility for the risks involved should
   attempt futures trading. Any reproduction or re transmission of this
   report without the express written consent of CTA Dave Gleason is
   strictly prohibited.

  NOTE: I am the adviser you are the decision maker. I have obligation
   to give you my opinion because you purchased my report; you are
   responsible for your decision whether to except my opinion and act on
   it or not. DG 

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