by Chris Kimble | Mar 13, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Looks like a trip to the grocery store will be a more expensive endeavor in the near future as Beef, Hogs, Coffee, Grains and Milk are rapidly moving higher since the start of this year. Is the weather to blame for higher prices?...
by Chris Kimble | Feb 28, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Wendy’s made the phrase “where’s the beef popular!” Some could now say, “wheres the price of beef headed?” Cattle prices have been moving higher over the past couple of years bumping up against the...
by Chris Kimble | Jan 15, 2014 | Kimble Charting, Sector / Commodity
CLICK ON CHART TO ENLARGE Ever heard of the idea of buy low & sell higher? Believe in it? If not quit reading now! If you do believe in the idea of buy low & sell higher or believe in buying assets that are out of favor, the above chart might be of...
by Chris Kimble | Sep 18, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Where’s the Beef (headed), could have something to do with the direction of the S&P500? Get out of here!!! The Last time the S&P 500 declined 15% plus (fall of 2011), Cattle were breaking down from a bearish rising wedge...
by Chris Kimble | May 7, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE One year ago the Power of the Pattern reflected that a very bearish pattern was forming in the CRB index, as it was forming a bearish rising wedge at its 61% Fib retracement level ( see post here) What has happend in the past 52...
by Chris Kimble | Apr 24, 2012 | Kimble Charting
Joe Friday and the Power of the Pattern shared that “Cattle Futures were up against a 25-year resistance line in the chart below and had created a bearish rising wedge” (see 3/30 post here) in the Cattle Futures market. This pattern...
by Chris Kimble | Mar 30, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Cattle have done very well over the past 3 to 4 years. Currently they are are top of a 20-year channel and are testing a key rising support line drawn from the 2009 lows.
by Chris Kimble | Dec 9, 2011 | Kimble Charting
On 10/13 the “Power of the Pattern” was reflecting a bearish pattern looked to be forming in Cattle futures in the chart below (see post here) Why would Cattle be important to your 401k or long stock positions? Look at the second chart below how Cattle...
