In the last 2 weeks we got 9,673 new short contracts opened for live cattle and only 1,405 new long contracts opened for this commodity.This means almost 7 times more new short contracts were opened for this commodity than new long contracts.This is bearish and live cattle quotes should keep falling in the next weeks.Check my livestock2015 charts on my free websites:http://cotreportfreeswingcharts.my-free.website and http://cotswingcharts.wix.com/freecotcharts and http://afaria32.wix.com/cotcharts and http://futuresandoptions.wix.com/cotswingcharts
No comments:
Post a Comment