Thursday, October 13, 2016

10/07/16 $LiveCattle #Free

Live Cattle Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Live Cattle's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the COT Matrix for subscribers.

Subscriber Comments

Chart


Live Cattle's focused bear opportunity has produced 0% annualized return for the bulls since the second week of October (see $BCOMLC Matrix).

Smart money, a small minority listening to the message of TIME, knows it's running out as BrST rises above 0 and approaches 2.

$BCOMLC Matrix


A weekly close below 56.05 supports the down impulse, while a close above 59.25 could reverse it. A reversal favors testing of higher resistance.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.