NORTH AMERICAN AG WEEKLY FEEDER CATTLE UPDATE 8/27/18

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

TECHNICAL SUMMARY:

The weekly trend is DOWN on the October electronic feeder cattle chart with
the computer going short October feeder cattle the week of 8/10/18 at $148.225
with the current trend generated stop at $153.45(8/31/18).

Friday, August 24, 2018  October feeder cattle on the weekly chart settled the week
down $5.125 at $146.90.

HARMONIC GANN WHEEL SUPPORT AND RESISTANCE:
Support for October feeders using the $155.375 high made 7/23/18.

360 cou = 140.60; 405 = 138.80; 450 cou = 136.25; 540 cou = 132.60.

$136.00 is the low made on 4/4/18 by the August contract.
$137.275 is the low made on 4/4/18 by the October contract.

Resistance for October feeder cattle using the $137.60 low made 5/17/18:
360 cl = $152.85; 450 cl = $156.80; 640 cl = $160.80.

$155.375 is the high made on 7/23/18.

HARMONIC GANN WHEEL CYCLE ANALYSIS:

90 degrees from 2/20/18 high $155.95 was due 5/20/18 (marked Friday 5/18/18
low and sucessful test of $136.25 low).

90 degrees from the 5/17/18 low was due 8/17/18 (marked rally high close on
Friday 8/17/18. The high tick was made on Monday 8/20/18 at $152.35).


WEEKLY CYCLE ANALYSIS:

On the August feeder cattle chart the mid point in time to the second cycle
of 144 weeks was due 7/7/17 (the low at $141.20 was made that week or
week 72. On week 74 a high was made at $155.57).

On the August feeder cattle weekly chart the end of a cycle of 144 weeks
marked the $139.25 low the week of 8/26/17. The first division point
past the 144 week was due the week of 12/29/17 and marked a cycle low at
$142.40. The second division point past the 144 week was due the week of 5/4/18 and
marked a major cycle low at $136.25 the week of 5/18/18.

A minor green cycle was due the week ending 8/24/18.  The double clue cycle is due
the week ending 11/16/18.

PLANETARY CYCLES:

On the weekly August feeder cattle chart August feeder catte have found support at
the Sun-Earth cycle and are road it upward.

Resistance is at Pluto crossing the chart at $150.75 and Neptune $159.50.

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.

January feeders have support at Uranus crossing at $138.50 and Neptune crossing
at $133.00.

WEEKLY BUY AND SELL SIGNALS:

There was a sell signal on the August weekly feeder cattle chart for the week
ending 7/13/18 if August feeders broke and closed under the previous week's
inner week low $151.225 and this sell signal was triggered (settled 7/13/18
at $150.77).

There is neither a buy signal or a sell signal on the weekly October feeder cattle chart
for the week ending 8/31/18.

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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