06/15/2016 – live cattle
- June 15, 2016
- live cattle
August live cattle:
1. In Tuesdays (June 14) Williams edge live meeting it was noted that any hourly or especially daily close above $113.45 in August live cattle would indicate new long entry for advance to $115.35/$.40.
2. Subsequently, August live cattle closed both hourly and daily above $113.45 and completed the $115.35/$.40 upside target (today’s swing high, $115.42, so far). This successfully completes the forecast/trade. Will message any further entry or indication in August 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.