The critters, similar to the grains were bid higher in early trade but now values are mostly lower. Feeder cattle are down 110 points with August live cattle lower by 37 points and October futures off by 70 points. August oinkers are unchanged but October 42 lower. And with the entire critter complex lower my technical work is flashing sell signals for all and I mean all livestock contracts.
Maintain a bearish bias regarding livestock. Press the short side today with stops over the highs. Press the short side
I just received this and thought I would shar