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Sample Livestock End Of Day Commentary

 

Daily live cattle, feeder cattle, lean hogs and pork bellies commodity trading commentary with our opinion as to trending markets, support and resistance levels, if prices closed higher or lower from previous day and most important which futures and commodity markets are changing to bullish or bearish. 

 

Sample Livestock End of Day Commentary

 

If there is a change to bullish or bearish pay closer attention to that market to look for opportunities. This commentary is based ONLY on charts and technical analysis. 

 

December Live Cattle could be starting to trend down. Watch for support at 8640 and resistance at 8950. Changed to bearish on October 20th. Changed to bullish on October 17th. Changed to bearish on October 16th. Changed to neutral on October 14th. Changed to bullish on September 23rd.  

 

January Feeder Cattle are trending down. Watch for support at 9095 and resistance at 9400. Changed to bearish on October 16th. Changed to neutral on October 14th. Changed to bullish on September 23rd.  

 

December Lean Hogs are trending down. Watch for support at 5150 and resistance at 5445. Changed to bearish on October 20th. Changed to neutral on October 16th. Changed to bullish on October 06th. Changed to bearish on October 02nd. Changed to neutral on October 01st. Changed to bearish on September 24th. 

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