Live Cattle

(LEM25) 

Here is an Update to this post, Cattle Holds 38.2% Fibonacci Retracement at 193.50 Keeping The long Term Trend Positive

4/17/25

On 4/9/25 June Cattle held the 38.2% retracement of the 8/21/24 low and 4/2/25 low at 193.50, this kept the long term trend positive based on the ONE44 38.2% rule.

The 38.2% level is the single most important retracement and is the level we use for the "Golden Rule". This rule being, " any market that is going to keep its current trend must hold 38.2%". As long as it does the trend will continue and it should make new highs/lows from that retracement.

The $10.00 rally was not a surprise based on this rule and it has now hit 78.6% back to the 4/2/25 high at 204.35, this was our short term target in the last update. A failure to make a new high in the area of a 78.6% retracement is where a lot of Bull runs end, per the ONE44 78.6% rule. 

Here is part of this weeks update,

Livestock

Cattle

June

From last week,

This week's low held the area of 38.2% at 193.50 (keeping the long term trend positive) and the 192.32 major Gann square and the rally from it sent it back to the 198.97 major Gann square/swing point. Holding 193.50 is key to keeping the long term trend positive and this will be the key level for next week.

Use 193.50 as the swing point for the week.

Above it, keeps the long term trend positive and new highs can quickly follow. As always we will be watching the 78.6% level back to the 4/2/25 high at 204.35, this is the short term target. A failure ....

The very quick rally after holding the long term swing point of 193.50 has now hit the short term target of 78.6% at 204.35, this will be the key level for next week. A failure to make a new high after holding the long term swing point in the area of a 78.6% retracement can cause a sharp break and even be the end of the bull rally for now.

Use 204.35 as the swing point for the week.

Above it, you still have to watch for a trade up to, or through the 205.37 major Gann square and a close back below 204.35 as this can also send this market quickly lower. A failure to turn lower from this area will give us .....

Below it, the short term target is the previous major Gann square at 198.97 holding this is a strong sign and a new high can follow. The longer term target is the first target based on the ONE44 78.6% rule and this is....

We have done 46 videos on how to use the Fibonacci retracements with the ONE44 rules and guidelines. These Videos are worth watching even if it is not in the market you are trading, as the ONE44 rules and guidelines are the same for every market. You will also see why we believe the Fibonacci retracements are the underlying structure of ALL markets.

Here is the latest.

ONE44 Analytics where the analysis is concise and to the point

Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member.

You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines.

Sign up for our Free newsletter here.
 

FULL RISK DISCLOSURE: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Past performance is not necessarily indicative of future results.