Cattle Futures Breakout: Analyzing Bullish and Bearish SignalsCME:GF1!
The recent breakout of cattle futures contracts above the $245 resistance, which had held since October 2014, has sparked significant interest. However, before this upward trend can continue, there are signs that a pullback might occur. With intriguing technical patterns unfolding, the q
Why Cost of Living is Still a Concern?Why is the cost of living still a concern, even though inflation has declined to 2.6%?
In many elections over the past two years, voters have ranked inflation as their top concern.
As we can see, the prices of many commodities remain above pre-COVID levels, with gold and meat prices currently much
More Leg to Breakdown?Feeder Cattle
Technicals (August - Q)
August feeder cattle futures posted their second consecutive inside day (trading within the previous day's range). Despite the consolidation in the last two sessions, the RSI remains in oversold territory with a reading of 26.12, the lowest since last Novemb
November Feeder Cattle Finds SupportAfter being subjected to selling pressure for the majority of the week, the November feeder cattle contract found support at the 23.6% retracement level between the contract’s low, and the contract’s high. The low for the day was only a few ticks off of the actual 253.825 level, coming in at 254.050
Long August Feeder Cattle: GFQ2023Seasonally supported for Buys May/June >> into July. Typical seasonal Low mid-late June (agreement across 5yr, 15yr, 40yr data).
I like how this has retraced down to old Aug'15 high and rejected that dynamically (see the GF1! W graphic). I very much like the perfectly 'clean' equal highs from 2015-
3 Inflation Scenarios for 2023There are only 3 inflation scenarios that will happen till the end of 2023:
i. Improve CPI to 2%
ii. Range CPI to hover between the band of 5-8%
iii. Continue to trend higher breaking above 9%
Many investors believe scenario (i) & (iii) will be unlikely.
70% of the investors feel that CPI should
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Feeder Cattle Futures (May 2025) is 282.150 USX — it has risen 0.81% in the past 24 hours. Watch Feeder Cattle Futures (May 2025) price in more detail on the chart.
The volume of Feeder Cattle Futures (May 2025) is 584.00. Track more important stats on the Feeder Cattle Futures (May 2025) chart.
The nearest expiration date for Feeder Cattle Futures (May 2025) is May 23, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Feeder Cattle Futures (May 2025) before May 23, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Feeder Cattle Futures (May 2025) this number is 19.03 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Feeder Cattle Futures (May 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Feeder Cattle Futures (May 2025). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Feeder Cattle Futures (May 2025) technicals for a more comprehensive analysis.