We discuss the outlook for live cattle futures as of January 24, 2024 identifying significant price levels and offering trading strategies focused on taking profits and re-entering positions.
He advises caution regarding shorting and emphasizes the importance of knowing exit points to manage losses effectively.
Video Timestamps
00:00 Introduction to Live Cattle Futures
00:14 Analyzing Feeder Cattle Futures
00:22 Monthly Chart Insights
01:18 Weekly Chart Analysis
01:54 Daily Chart Breakdown
02:36 Trading Strategies and Recommendations
04:07 Final Thoughts and Conclusion
Video and Summary
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