04/08/2016 – live cattle

June live cattle:

1. In yesterday’s (Thursday, April 7) Williams edge live meeting it was noted that if June live cattle closed above $122.40 it could be bought for an advance to $123.35.

2. Subsequently, June live cattle closed at $121.78 (above $122.40) for new long entry. Today (Friday, April 8) June live cattle completed the $123.35 upside target (today’s session high, $124.38, so far). This successfully completes the forecast/trade. Will message any further entry or indication in June live cattle.

David Williams