MURICO.com Forum

Re: Cattle Weekly *PIC*
In Response To: Cattle Monthly *PIC* ()

On the weekly chart for timing we had July as a target as a panic cycle which at the time had the next target listed on Sept 9th, there was a target turn date that popped up on the 5th but ended up just being a target on the aggregate. The low aggregate showed up to be on the 26th sharing with the 23rd as the Low Trough on the aggregate line. Exceeding this high on the week of the 26th will point to a rally into the week of the 9th. The market is currently above one of the weekly pivots which puts it in a bullish stance for next week, it also has a red Trading Cycle listed indicating that there is likely a low to be established, so you would look for a high close this week... The week of the 9th is listing a yellow Trading Cycle for that day...it could mean a high on the week with a lower close. We could hit that top downtrend line that was formed from the High of Sept 18th to the subsequent high of Mar 11th another two times before it breaks out. If it happens to come down and break last weeks low then you would look for it to hit the break line where I have it market with the blue arrow.

Messages In This Thread

Cattle Monthly *PIC*
Re: Cattle Monthly Array *PIC*
Re: Cattle Weekly *PIC*
Re: Cattle Weekly Array *PIC*
Re: Cattle Daily *PIC*
Re: Cattle Daily Array *PIC*
Re: Spike the lower highs-----