August live cattle:
1. On Monday, June 27 we noted that a daily close above $111.50 could be bought in August live cattle for an advance to $113.70 expected into Wednesday, June 29.
2. Subsequently, Monday’s session closed at $111.90 (above $111.50) indicating new long entry. Today (Wednesday, June 29) August live cattle completed the $113.70 upside target (today’s session high, $113.92, so far). This successfully completes the forecast/trade. Will message any further entry or indication in August live cattle.