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April 1, 2024
In the last 7 trading days… IN WHAT I BELIEVE ARE THE BEGINNINGS OF MAJOR MOVES… Feeders have dropped 15 cents, or $7,500 per futures contact Live Cattle have dropped 8 cents, or $3200 per futures contract
And again…I think they both JUST GETTING STARTED…
May 2024 Feeder Cattle closed down 6.10 cents today, or $3050 per futures contract. June 2024 Live Cattle closed down 5.17 cents today or $2068 per futures contract.
Both of these markets are still in the stratosphere…I urge you to GET SHORT BOTH OF THEM…
I don’t know what else to say…I can’t do it for you…I’ll say what I’ve been saying…I might be dead wrong but I just don’t think it ever gets any better than this. Call me if you think this is worth doing anything with… Thanks, Bill 770-425-7241 866-578-1001 All option prices in this newsletter include all fees and commissions. All charts, unless otherwise noted, are by Aspen Graphics and CRB. The author of this piece currently trades for his own account and has a financial interest in the following derivative products mentioned within: Feeder Cattle, Live Cattle
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