MURICO.com Forum

The games markets play----

to mess with our minds. That's just what the cattle market is doing this week after it triggered a buy signal Friday. This cycle rotation kicked in on August 1st and August 12th is the cycle day to complete the rotation for a cycle high. The problem is, the 12th is a Saturday. This situation usually extends that cycle rotation into Monday for the cycle high but doesn't have to. I don't often see the triggered buy signal get negated for more than a couple days, so I would really appreciate it if the market would retrigger the 180.37 buy signal with todays close.

The cattle market likes to dance the Two Step, that's two steps up and one step back down. This 3 day backstep should have the market ready to give us another 2 steps up into Friday or Monday. The cycle energy should start to turn negative next week and a potentially negative cycle will rotate Aug 16th. A new contract high should happen in the next 3 trading days. Worst case scenario would be the cattle market Double Top play but this 3 day backfill has set up Flip Trade target @ 183.25 which has a high percentage chance of happening if the buy signal is confirmed with a daily close above 181.22. That also puts price projection targets on the menu when the 182.975 high is breached. Those price projections are scattered between 184.00 to 185.65 and my Speed Line is waiting for a Kiss @ 187.00 on Aug 14th. That's very likely if the packers give a surprise Bump Up the Bids play. That would not surprise me at all, actually I kind of expect it to happen.

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The games markets play----
Re: The games markets play----