03/21/2016 – live cattle

April live cattle:

1. In Fridays (March 18) Williams edge live meeting it was noted that with a confirmed 120 minute bottom, April live cattle was expected to advance and test $141.70 or higher into early the week of March 21. This trade was intended to be initiated today (Monday, March 21) once the above noted confirmation was intact.

2. However, April live cattle broke below the 120 minute bottom and declined further, negating any new long entry. Will message any further entry or indication in April live cattle.

David Williams

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.