June live cattle:
1. In recent (Wednesday/Thursday, May 10/11) Williams edge live meetings it was noted that June live cattle would be a buy between $121.30/$121.00 for a quick advance to $124.50.
2. Subsequently, June live cattle made a swing low of $121.32 before reversing higher and completing the $124.50 upside target in today’s (Friday, May 12) session (today swing high, $126.87). This successfully completes the forecast/trade. Will message any further entry or indication in June live cattle.