MURICO.com Forum

Cattle Daily *PIC*

Check this out Dewey, we have a Tentative DBER that has shown up here located at 219... Only a higher high after Monday would cancel this reversal.

We are at price with the DBUR at 219.62, so we are at price, but not Time. Nearest turn date is currently on the 12th., with the next on the 17th. along with a panic cycle and a yellow trading cycle for that turn...

Looking at the Energy, the market will need to see some better buying than what it did on Friday to sustain this breakout, you have price rising without energy.

We did close over Friday's Projected Resistance so that will likely give a push up above the channels Monday... With the Stoch as high as it is, it could possibly fade those channel's tops.

On the daily level I can see a correction here, especially if we can't close over these DBUR's

I'll hopefully know more after I look at the Weekly chart.

Messages In This Thread

Cattle Daily *PIC*
Re: Cattle Daily