The following trades are hypothetical. Past results are not a
guaranty of future results
The weekly trend is DOWN for August live cattle on the electronic weekly chart
with the computer going short August live cattle the week of 4/26/19 at $114.50
with current stop at $109.925 (6/21/19).
up $1.35 at $104.40.
GANN WHEEL SUPPORT AND RESISTANCE: 4
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.
$130.45 is the high made 3/1/19 by the April contract.
$128.60 is the high made 2/21/19 by the February cattle contract.
Using the 3/22/19 high $121.15 August cattle have wheel support at:
450 cou = $104.45; 540 cou = $101.25.$102.30 is the low posted on 5/31/19.
HARMONIC GANN WHEEL CYCLE ANALYSIS:
The death cycle measured from the 3/22/19 low starts on 5/6/19 and ended on
5/16/19 (marked a temporary cycle low).
WEEKLY CYCLE ANALYSIS:
On the December cattle weekly chart measured from the 10/14/16 low $96.10 the doubleclue cycle was due the week of 11/9/18 (marked low).
On the June cattle weekly chart a clue cycle was due the week of 3/15/19 and came
in a week later and marked the 3/22/19 2019 high at $124.90.
On the August live cattle weekly planetary chart August cattle have broken through
the Sun-Earth cycle and now the Sun-Earth cycle will become resistance crossing the
chart at $114.80. Support is at Mars crossing at $101.40.
WEEKLY REVERSAL PATTERNS:
There is neither a buy or a sell signal for the week ending 6/21/19 on August
live cattle chart.
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
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