But, these are emotional times and markets. Given the emotional state of the market, caution is dictated, but traders may wish to start looking for reversals in the free fall in prices in the next several session. Historically, volatility in the livestock market begins to dry up this time of the year. As such traders who are short livestock futures may wish to look to cover in coming sessions, and shorter term traders may wish to establish long positions if support manifests itself. This publication is strictly the opinion of its writer and is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named.
Information is obtained from sources believed to be reliable, but is in no way guaranteed.
No guarantee of any kind is implied or possible where projections of future conditions are attempted. Futures and options trading involve risk. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. In no event should this content be construed as an express or an implied promise, guarantee or implication by or from Great Pacific Trading Company, Man Financial Inc, or CFEA, LLC that you will profit or that losses can or will be limited in any manner whatsoever. Past results are no indication of future performance.