{"id":156246,"date":"2019-09-27T10:30:54","date_gmt":"2019-09-27T14:30:54","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156246"},"modified":"2019-09-27T06:54:39","modified_gmt":"2019-09-27T10:54:39","slug":"cattle-analysis-higher-placements-bullish-for-fcattle","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/cattle-analysis-higher-placements-bullish-for-fcattle\/","title":{"rendered":"CATTLE Analysis: Higher placements bullish for FCATTLE"},"content":{"rendered":"<div id=\"inves-3320546719\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 27, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Higher placements bullish for FCATTLE<\/strong><\/p>\n<blockquote><p>US cattle placements rose in August. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/trading-conditions\/commodities\/fcattle\">FCATTLE<\/a> continue gaining?<\/p><\/blockquote>\n<p>According to the USDA Cattle on Feed Report for September released last Friday, placements in feedlots during August were higher compared to same period a year ago: 1.884 million head in total, 9 percent above August 2018. Cattle on feed over 90 days and over 120 days were well above last year, but both appear to be displaying the typical seasonal declines. Against the backdrop of the report indicating strong demand for beef, higher placements are bullish for FCATTLE.<\/p>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/FCATTLE_27September2019.jpg\" alt=\"FCATTLE rises above MA(200) 09\/27\/2019 Technical Analysis IFC Markets chart\" width=\"660px\" \/><\/p>\n<p class=\"ul-tick\">On the daily timeframe the <b>FCATTLE: D1<\/b> has closed above the 200-day moving average MA(200).<\/p>\n<ul class=\"ul-tick\">\n<li>The <b>Parabolic indicator<\/b> gives a buy signal.<\/li>\n<li>The <b>Donchian channel <\/b> indicates uptrend: it is widening up.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/macd\">MACD indicator <\/a> gives a bullish signal: it is above the signal line and the gap is widening.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/rsi\"> RSI oscillator <\/a> is near the overbought zone but has not crossed into it.<\/li>\n<\/ul>\n<p>We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 143.19. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the lower Donchian boundary at 134.22. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit\/loss ratio to the breakeven point. If the price meets the stop loss level (134.22) without reaching the order (143.19), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.<\/p>\n<h2 class=\"emailSummary\" style=\"margin-top: 15px !important;\">Technical Analysis Summary<\/h2>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td align=\"left\" valign=\"top\">Buy<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">Above 143.19<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">Below 134.22<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p><div id=\"inves-3367690272\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Higher placements bullish for FCATTLE US cattle placements rose in August. Will the FCATTLE continue gaining? According to the USDA Cattle on Feed Report for September released last Friday, placements in feedlots during August were higher compared to same period a year ago: 1.884 million head in total, 9 percent above August 2018. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-156246","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=156246"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156246\/revisions"}],"predecessor-version":[{"id":156265,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156246\/revisions\/156265"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}