feeder cattle future trade idea – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Trade Idea portion from Wednesday August 24th.
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And we step back into the Feeder market
October FEEDER CATTLE:
SELLING to enter at 140.00 on a STOP order (GTC) …settled at 140.40
Risk will be the 141.75 level …($875.00)
Objective will be the 134.00 level …$3,000.00
(short term obj will be the 138.00 level …$1,000.00)
Initial margin is $3,713.00 per contract
Check out the Feeder Cattle chart…
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