Livestock Special Update 3/26/24

June Cattle has had a $9.00 break from the 185.47 major Gann square and swing point for the week. That break took it right into 38.2% of the 12/6/23 low and 3/14/24 high at 177.65. We now have a new swing point for the week.

May Feeder Cattle had a $14.00 break from the 259.74 major Gann square and swing point for the week. The move took it right into the area of the 247.15 major Gann square and 38.2% back to the 12/7/23 low at 246.00 and this created a new swing point for the week.

The rally in April Hogs from the 99.09 major Gann square and swing point for the week has hit 78.6% back to the 3/18/24 high and this gives us a new swing point for the week.