The market opened very strong above the previous trading day's high. This market began to turn bullish 1 days ago on our broader trend indicators. We need to maintain an
opening and closing (both) above 13371 during the next trading session to hold on to the upward bias. Only an opening and closing below this number would suggest a
temporary high is in place.

The Cattle Futures (CME) has been in an uptrend for the past 6 days closing above the previous session's high quite significantly by 2.38% after it gapped up opening above
that high.

This market just exceeded the previous high perhaps reversing the decline which has been in motion since Wednesday May 25th for the past 10 trading days. Overall, the broader rally so far has been over the course of 6 days. This is still a rally that has been making new highs. This market has surged to the upside exceeding the upper band of a normal trading envelope.

Bear in mind that we have made a new high this week changing the Weekly Bearish Reversals once this week is concluded. Still, this is only a minor Bearish Reversal since we made a lower high. However, we have also made a new monthly high exceeding the previous month's high reaching 13790 which also means the immediate Monthly Bearish Reversals will change once this month is concluded.

As of now, the market remains bullish on the short-term levels of our indicators while the long-term trend and cyclical strength are bullish.

This market is also trading mostly above the bank of eight moving average indicators suggesting it remains in a mixed posture for now. The short-term Stochastics are bullish but nearing a temporary overbought position soon on the horizon.

This market still has not yet exceeded the last key high of 14000 established back on 04/22. Given the strong opening, then as long as today's low holds during the next trading session, the exceeding today's high will signal the rally will continue just yet.

We did close below the previous session's Intraday Projected Breakout Resistance indicator which was 13594 settling at 13412. Nevertheless, this market closed above the previous session's high warning it is not yet rolling over. The current Projected Breakout Resistance for this session was 13519 which we have now closed above suggesting the market is starting to possibly breakout to the upside if it can be maintained in the next trading session.

The Projected Breakout Resistance indicator for the next session will be 13922. Since we have closed above today's number 13519, this implies a further rally in the next session if we at least open higher. We need to exceed intraday and close
above 13922 to imply a continued rally beyond the next session. Only if you open back below 13519 or close below it then the rally is losing momentum. So, pay close attention to these projections for the next trading session. Remember, these are dynamic which will change with each session.

Intraday Projected Breakout Resistance
Today...... 13519
Previous... 13594
Tomorrow... 13922

The Intraday Crash Mode support lies at 13442 which is above today's low. During the last session, we did close above the previous session's Intraday Crash Mode support indicator at 13267 settling at 13412 which alerted us to a further potential rally was likely going into the instant session.

The immediate Crash Mode support for this current session was 13261 which we have now closed back above suggesting the crash is subsiding. The Intraday Crash indicator for the next session will be 13442. Now since we closed back above this indicator in the current trading session, then holding above this indicator for the next session will imply the decline is subsiding. The Secondary Intraday Crash Mode support lies at 12687 which we are trading above at this time. A breach of this level with a closing below
will signal a sharp decline is possible.

Intraday Projected Crash Mode Points
Today...... 13261
Previous... 13267
Tomorrow... 13442