NORTH AMERICAN AG WEEKLY FEEDER 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 on the March electronic feeder cattle chart with
the computer going long March feeder cattle the week of 12/14/18 at $146.575
with the current trend generated stop at $140.35 (1/25/19).

Friday, January 18, 2019 March feeder cattle on the weekly chart settled the week
don $2.25 at $142.775.

HARMONIC GANN WHEEL SUPPORT AND RESISTANCE:
Support for March feeders using the $155.50 high made 10/2/18.

315 = $141.95; 360 = $139.70.

$140.35 is the low made on 12/4/18.

Resistance for March feeder cattle using the $140.35 low made 12/4/18:
144 cl = $146.50; 180 cl = $147.90; 216 cl = $149.70; 270 cl = $151.70.

$147.475 is the high made on 12/27/18.

HARMONIC GANN WHEEL CYCLE ANALYSIS:

Measured from the 5/17/18 low a 120 harmonic was due 9/17/18 and marked 9/18/18
high $55.975.

Measured from the 2/20/18 high a 144 market day cycle was due 9/15/18 and marked
the 9/18/18 high.

On the March feeder cattle chart measured from the 5/17/18 low $133.60 the 233
cattle harmonic is due 1/6/19 (if a 228 it ended on 12/31/18 marking a high
at $147.575).

On the March feeder cattle chart measured from the 11/13/18 low $140.825 the death
cycle started on December 28th (marked high $147.475 and ended on January 6th
(marked low $142.00 on (Monday 1/7/18).


WEEKLY CYCLE ANALYSIS:

A minor green cycle was due the week ending 8/24/18 (marked major low).  The double clue
cycle was due the week ending 11/16/18 and appears to have marked a cycle low at
$142.675 on the January feeder cattle chart.

The August feeder cattle chart the double clue marked the 11/9/18 cycle low at $145.92
The clue cycle is due the week of 3/15/10.

PLANETARY CYCLES:

Major resistance is at Neptune crossing the chart at $159.50 with a high posted
the week of 11/3/17 and 11/10/17 posted at $159.20. The October and November 2018
feeder cattle also found resistance there with high on the October posted on 9/14/18
at $159.90 and October posing a high at $159.725 on 10/1/18.

On the August feeder cattle chart Jupiter is currently support crossing the chart at
$144.40. Resistance will be at Pluto crossing at $150.75 and major resistance at Neptune
crossing the chart at $159.20

WEEKLY BUY AND SELL SIGNALS:

There was buy signal on the weekly March feeder cattle chart for the week ending
12/14/18 if March feeders broke and closed over the previous week's inner week high
$143.60 and this buy signal was triggered.

There is a sell signal on the weekly March feeder cattle chart for the week ending
1/25/19 if March feeder break and close over under last week's inner week low
$142.15.

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.ÿ 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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