06/15/2016 – 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