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April hogs closed up $1.03 at $95.03.

April hogs closed higher on Friday as it extended the rally off last-Thursday's low. The high-range close sets the stage for a steady to higher opening when Monday's session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If April extends the aforementioned rally, monthly resistance on the continuation chart crossing at $98.24 is the next upside target. Closes below the 50-day moving average crossing at $86.49 would signal that a short-term top has been posted. First resistance is today's high crossing at $95.75. Second resistance is monthly resistance on the continuation chart crossing at $98.24. First support is the 20-day moving average crossing at $88.08. Second support is the 50-day moving average crossing at $86.49.

April cattle closed down $0.78 at $142.4.

April cattle closed lower on Friday as it consolidated some of the rally off January's low. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the January 4th gap crossing at $144.08 would signal that a short-term low has been posted. If April renews the decline off December's high, the 50% retracement level of the September-December rally crossing at $139.44 is the next downside target. First resistance is the January 4th gap crossing at $144.08. Second resistance is December's high crossing at $145.85. First support is December's low crossing at $139.92. Second support is the 50% retracement level of the September-November rally crossing at $139.44.

March Feeder cattle closed down $1.48 at $165.00.

March feeder cattle closed lower on Friday as it renewed the decline off December's low. The low-range close sets the stage for a steady to lower opening when Monday's session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the aforementioned decline, December's low crossing at $159.90. Closes above the 20-day moving average crossing at $166.23 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at $166.23. Second resistance is December's high crossing at $170.83. First support is today's low crossing at $163.15. Second support is December's low crossing at $159.90.