June live cattle:
1. In yesterday’s (Tuesday, April 12) Williams edge live meeting it was noted that June live cattle could be shorted either at the market ($123.10) or below $122.75 for continued decline and test of $121.90/$80.
2. Subsequently, June live cattle declined and today completed the $121.90/$.80 downside target. This successfully completes the forecast/trade. Will message any further entry or indication in June live cattle.