This report was sent to subscribers on 11/23/10 5:40 p.m. Chicago time to be used for trading on 11/24/10. Everything is done by Howard Tyllas, no program or black box.
After the close recap on 11/24/10: My resistance was 102.27, the EXACT actual high, and my support was 101.50, .25 from the actual low
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------------ 101.75 Pivot
5 day chart....... Up (from last week same day)
Daily chart ...... Up
Weekly chart .......Up
Monthly chart.... Up 96.57 is the 200 day MA
ATR 1.25 Extremely Overbought 91%
I continue to say "Bracket line is support now, and daily numbers resist".
December Cattle (elec.) for 11/26/10:
In my daily cattle numbers on Wednesday; my resistance was the EXACT actual high, my support was .25 from the actual low.
Cattle: Exact resistance number and the support was spot on too. I want to take the sell signal only today and risk .35 on the trade idea using a buy stop to protect.
December Cattle (elec.) for 11/24/10:
Cattle: Accurate numbers. This do not really work out yesterday, and I say again "I want to trade the numbers and take the sell signals only since we are at longer term chart resistance, and risk .35 on the trade idea, and as always use a stop to protect".
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