NORTH AMERICAN AG WEEKLY LIVE CATTLE UPDATE 1/18/21

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

TECHNICAL SUMMARY:

The weekly trend is DOWN for February live cattle on the electronic weekly chart
with the computer going short February live cattle the week of 10/23/20 at $111.025
with current stop at $116.625 (1/22/21).

Friday, January 15, February live cattle on the weekly chart settled the week
down $1.85 at $112.65.

The weekly trend is down for April live cattle on the electronic weekly chart
with the computer going short April live cattle the week of 1/8/21 at $116.55
with current stop at $119.90 (1/22/21).

Friday, January 15, 2021 April live cattle on the weekly chart settled the week
down $1.05 at $118.225.

     GANN WHEEL SUPPORT AND RESISTANCE:

Using the $114.025 high made on 8/19/20 December cattle have support at:
144 cou = $108.52; 216 cou = $106.20; 270 cou = $104.10; 360 cou = $100.90.

$102.525 is the low posted on 10/26/20.

$80.00 and $96.00 and and $110.65 and $112.55 are pivot points. 

HARMONIC GANN WHEEL CYCLE ANALYSIS:

On the December live cattle chart using the 4/3/20 low $89.50 the 233 cattle
harmonic is due 11/23/20 (if a 228 then it ends on 11/18/20)

On the June live cattle continuation starting from it's 4/6/20 low $76.60 the
233 cattle harmonic ended on 11/25/20. Wheel resistance using the $76.60 low
is 720 + 360 + 180 cl = $113.40 and $115.15 is the high made 12/29/20.

On the February live cattle chart using the 10/26/20 low $105.525 the death cycle
begins on 12/9/20 (marked low $110.55) and ended on 12/19/20 (marked high (115.20).

WEEKLY CYCLE ANALYSIS:

The second midpoint in time on the weekly December cattle chart was due the week
of 12/4/20.

On the weekly June cattle chart a 36 week cycle ended the week of 12/18/20.

PLANETARY CYCLES:
On the June live cattle weekly chart support is at Uranus crossing at $103.10 and
Neptune at $96.10.

On the weekly June cattle chart June cattle are riding the Sun/Earth cycle upward.

WEEKLY REVERSAL PATTERNS:

There is neither a buy or a sell signal for the week ending 1/22/21 on the April live
cattle weekly chart.

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