The following trades are hypothetical. Past results are not a
guaranty of future results
The weekly trend is UP for June live cattle on the electronic weekly chart
with the computer going long June live cattle the week of 2/24/17 at $106.65
with current generated stop at $108.675 (4/28/17).
week up 2.05 at $116.75.
GANN WHEEL SUPPORT AND RESISTANCE:
Using the $117.575 high made 4/21/17 June live cattle have support at:
45 cou $116.00; 90 cou = 114.20; 144 cou = $112.10;
resistance at:
270 cl = $112.59; 360 cl 116.40; 450 cl = $119.80; 505 cl = $123.25.
June cattle rally high has been $117.57 made 4/21/17.
April cattle rally high has been $130.40 made 4/21/17.
HARMONIC GANN WHEEL CYCLE ANALYSIS:
Measured from the 2/13/17 low the death cycle began on 4/4/17 (marked
major low) and ended on 4/9/17 (accelerated).
On the August weekly cattle chart a double clue cycle was due the week ending
12/30/16. The clue cycle is due the week of 5/5/17. The computer is long
August live cattle on the weekly at $102.975 with generated stop at $104.975.
PLANETARY CYCLES:
On the August live cattle weekly planetary chart resistance is at Jupiter
crossing at $112.00.
On the August live cattle chart support is at Uranus crossing the chart at $90.50.
August cattle are riding the Sun-Earth cycle upward and have since October 2016.WEEKLY REVERSAL PATTERNS:
There is a sell signal on the weekly June cattle chart for the week ending 4/28/17if June live cattle break and close under last week's inner week low $114.80.
HEDGE RECOMMENDATIONS:
Continue to use our computer generated trades and our seminar
information for your hedging. Best of both worlds.
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 asolicitation 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