NORTH AMERICAN AG WEEKLY LIVE CATTLE UPDATE 1/21/19  

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

TECHNICAL SUMMARY:

The weekly trend is UP for February live cattle on the electronic weekly chart
with the computer going long February live cattle the week of 12/28/18 at $123.675
with current stop at $121.425(1/25/19).

Friday, January 18, 2019 February live cattle on the weekly chart settled the week
up 1.60 at $126.675.

     GANN WHEEL SUPPORT AND RESISTANCE:
Using the 1/16/19 high $127.95 February live cattle have have support at:
45 cou = $124.55; 90 cou = $122.95; 144 cou = $120.80; 180 cou = $119.55.

$116.675 is the cycle low made on 11/13/18.

Using the 5/17/18 low $110.225 February live cattle have resistance at:
270 cl = $121.45; 360 cl = $123.90; 450 cl = $127.55.

$127.95 is the high made 1/16/19.

On the daily continuation cattle chart (continues lead month) the 720 + 180 cl
resistance number is $130.80 measured from the 4/4/18 cycle low 97.075.

On the June cattle chart using the $111.625 low made 11/16/18 resistance is at:
144 cl = $117.30; 180 cl = $118.45; 216 cl = $120.10; 270 cl = $121.87.


$117.85 is the high made 1/16/19:


On the June cattle chart using the cycle high $117.85 made 1/11/19 support is at:
45 cou = $116.55; 90 cou = $114.45; 144 cou = $112.65.


     GANN WHEEL SUPPORT AND RESISTANCE:

$110.65 and $80.20 are pivot numbers on the live cattle chart.

November 12th is an old Gann date for a change of tend in cattle and it marked
the 12/11/18 cycle low $120.475.

HARMONIC GANN WHEEL CYCLE ANALYSIS:

On the August live cattle chart Using the 2/20/18 high $115.70 90 degrees in time was
due 5/22/18 (MARKED 5/18/18 LOW $98.10).

Measured from the 8/21/17 low the 233 cattle harmonic was due 4/11/18 (NOTE: 
CAN REVERT TO 228 AND MARK A CYCLE LOW WHICH IT DID, THE 228 MARKED 4/4/18 LOW
$97.625 ON THE AUGUST CATTLE CHART).

90 degrees from the 4/3/18 low close $99.85 was due 7/3/18 (marked high).

120 degrees in time from the 5/17/18 low was due 9/16/18 (marked Monday 9/17/18 high).

A 84 day market cycle measured from the 5/17/18 low was due 9/17/18 and marked a high.

From the 2/16/18 high the 233 cattle harmonic was due 10/7/18 (it came in again
as a 228 and ended on Tuesday 10/2/18 and marked high).

The 233 cattle harmonic from the 8/17/18 low is due 1/6/19 but if it came again
as 228 the cycle would have ended on 12/31/18. The 228 so far has marked a major c
ycle high in February cattle at $124.95 on 12/31/18.

On the February cattle charts measured from the 11/13/18 low $116.675 the death
cycle started on December 28th and ended on January 6th (marked cycle low $121.425).

On the February cattle chart 144 harmonic is due on 1/21/19.


WEEKLY CYCLE ANALYSIS:

On the December cattle weekly chart measured from the 10/14/16 low $96.10 the double
clue cycle was due the week of 11/9/18 (marked low).

PLANETARY CYCLES:

On the June live cattle weekly planetary chart support is at Jupiter
crossing at $112.40 (June cattle settled at $116.00 on Friday 12/21/18).

Resistance for June cattle is at Pluto crossing at $121.00 (121.525 is the
November 2017 high).

December cattle have arrived at the Sun-Earth cycle and could ride it upward.

WEEKLY REVERSAL PATTERNS:

There was a buy signal on the weekly February cattle chart for the week ending
1/11/19 if February cattle broke and closd over last week's inner week high
$124.95 and this buy signal was triggered with February cattle settling Friday
1/11/9 at $125.075.

There is a sell signal on the weekly February live cattle chart for the week
ending 1/25/19 if Febuary live cattle break and close under last week's inner
week low $124.775.

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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