Live Cattle

Removing the Guesswork

Today’s newsletter is for the cattlemen I met at the Lloydminster Agrivision tradeshow.

Good guys and tough as nails.

Live cattle futures are reaching my level of interest identified at the trade show.

The price is reaching the confluence of the 1.618 Fibonacci level and the previous highs.

Each of these on its own often results in price consolidation or retracement.

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