The following trades are hypothetical. Past results are not a
guaranty of future results
The weekly trend is DOWN for October live cattle on the electronic weekly chart
with the computer going short October live cattle the week of 8/9/19 at $105.05
with current stop at $110.60 (8/23/19).
down $9.95 at $97.85.
GANN WHEEL SUPPORT AND RESISTANCE:Using the 3/22/19 high $121.575 October cattle have wheel support at:
450 cou = $104.80; 540 cou = $101.70.
$103.175 is the low posted on 5/31/19. $103.425 is the low posted 6/24/19.Using the 6/24/19 low $103.425 October live cattle have resistance at:
144 cl = 108.30; 180 cl = 109.90; 216 cl = 111.00; 270 cl = 113.30.
$80.00 and $96.00 and and $110.65 and $112.50 are pivot points.
HARMONIC GANN WHEEL CYCLE ANALYSIS:
90 degrees from the 3/22/19 high was due 6/21/19 and marks the Monday 6/24/19
low $101.975 low. 144 degrees was due 8/14/19.
high was due July 17th. On the December cattle chart 90 degrees from 4/18/19
contract high was due on 7/17/19.
Measured from the 3/22/19 high 144 degrees in time is due 8/15/19.On the December cattle chart measured from the 6/3/19 cycle low $107.65
90 degrees in time is due 9/2/19.
WEEKLY CYCLE ANALYSIS:On the December cattle weekly chart measured from the 10/14/16 low $96.10 the double
clue cycle was due the week of 11/9/18 (marked low).
On the June cattle weekly chart a clue cycle was due the week of 3/15/19 and came
in a week later and marked the 3/22/19 2019 high at $124.90.
$96.10 was due the week of 7/19/19.
PLANETARY CYCLES:On the August live cattle weekly planetary chart August cattle have broken through
the Sun-Earth cycle and now the Sun-Earth cycle will become resistance crossing the
chart at $114.80. Support is at Mars crossing at $101.35.
WEEKLY REVERSAL PATTERNS:
8/23/19 if October cattle break and close over last week'a inner week high $103.75.
Continue to use our computer generated trades and our seminar
information for your hedging. Best of both worlds.
North American Ag
752 E. Greenbrier Place
Sioux Falls, SD 57108
Phone 1-605-367-9278This information is not to be construed as an offer to sell or a
solicitation or an offer to buy the commodities herein named. The
factual information of this report has been obtained from sources
believed to be reliable, but is not guaranteed as to the accuracy,
and is not to be construed as representation by North American
** The North American Ag Report includes information to from sources
and technical analysis believed to be reliable and accurate as of the
date of this letter, but no independent verification has been made
and the letter is not guaranteed to its accuracy or completeness.
Opinions are subject to change without notice. This report should not
be constructed as a request to engage in any transaction involving
the purchase or sale of a future contract and/or commodity options.
The risk of lost in trading futures contracts or commodity options
can be substantial, and investors should carefully consider the
inherent risks of such an investment in light of their financial
conditions. Only those in the proper financial condition and who are
willing to assume responsibility for the risks involved should
attempt futures trading. Any reproduction or re transmission of this
report without the express written consent of CTA Dave Gleason is
NOTE: I am the adviser you are the decision maker. I have obligation
to give you my opinion because you purchased my report; you are
responsible for your decision whether to except my opinion and act on
it or not. DG