DAILY FIBONACCI PROJECTIONS IN TIME
These are the Fibonacci Time targets for potential turning points ahead calculated from the 01/19/2022 HIGH:
Mon. 01/24/2022
Wed. 01/26/2022
Mon. 01/31/2022
Mon. 02/07/2022
Thu. 02/17/2022
Tue. 03/08/2022
Wed. 04/06/2022
Tue. 05/24/2022
Tue. 08/09/2022
Note: Once more, these are purely Fibonacci projections in Time. They should not be used independently, but
they are more important as a correlation tool when the line up with the targets from our Timing Arrays.
Daily ELLIOT WAVE CALCULATIONS
The following are turning points according to our Elliot Wave Models.
02/15/2022
03/04/2022
03/28/2022
06/02/2022
07/14/2022
10/05/2022
12/21/2022
10/09/2023
These targets will often line up with Directional Changes or very close to a high or low often the session
before or after. Please note, they do not often provide the precise turning point. They should be used in
correlation with our Array turning points. These targets are provided only for reference and are only viable
when they correlate to our more specific times arrays.
INDICATING RANGES
The Cattle Futures (CME) has exceeded last year's high making the 2 years up. On the quarterly short-term
level, this market is still bullish Turning to the monthly level, this market remains in a bullish position.
Looking at the weekly level, this market is currently in a bullish position. The Cattle Futures (CME) is in a
neutral position on the daily short-term level of our model while the broader term is neutral to bullish implying
that the long-term bull market is still holding. Overall, the posture is generally bullish for now.
Daily Level
Indicator Description... Trend
Immediate Trend ........... (Bearish)
Short-Term Momentum ....... - Neutral -
Short-Term Trend .......... - Neutral -
Intermediate Momentum ..... BULLISH
Intermediate Trend ........ BULLISH
Long-Term Trend ........... BULLISH
Cyclical Strength.......... BULLISH
Broader Trend ............. BULLISH
Long-Term Cyclical Trend .. BULLISH
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Note: Immediate to Intermediate provide the indications for the market on a short-term trend perspective. The
last four indicators from Long-term up provide the top down viewpoint. When all are in a bullish mode, the
trend is really booming so you then look to the next reversal above the market for target resistance. When this
is all bearish, you look to the next reversal below for support. You will notice the indicators will start to
change as a market is shifting direction. When everything is in a bear mode, you will find a more serious
decline in underway.
DAILY MOMENTUM MODEL INDICATOR
Our Momentum Models are rising at this time with the previous low made Tue. Jan. 18, 2022 while the last
high formed on Fri. Jan. 21, 2022. However, this market has rallied in price with the last cyclical high formed
on Wed. Jan. 19, 2022 warning that this market remains strong at this time on a correlation perspective as it
has moved higher with the Momentum Model.
ENERGY MODELS
Looking at our Energy Models on the Daily level, the historical high took place back on 05/05/2017 whereas
the actual market high in price unfolded back on 11/19/2014. This is rather indicative of the fact that the
broader term means that eventually higher highs will be carved out in the future. When Energy peaks
BEFORE the high, this is indicative of a major high and a serious change in trend is likely to follow.
STANDARD 200-Day MOVING AVERAGE
The 200-day moving average resides at 12774 which is below the current market offering underlying technical
support on a psychological basis. This market is coming close to testing the 200 Daily moving average which
is below the market at 12774 given the last Daily closing of 14210.
STOCHASTIC
The Stochastics are in a mixed position. Keep in mind that this type of indicator tends to be more of a
confirmation tool rather than a leading forecasting tool. Thus, it is more often than not just a lagging indicator.