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Thursday, December 10, 2015

Are we in for a short-term EYCI correction?

By Matt Dalgleish  |  Source: MLA's NLRS

Technical analysis (also known as charting) – such as Bollinger bands and Relative Strength Indicator (RSI) - can be used to assess movements in prices. Using these techniques, we can examine the longer-term movement of the Eastern Young Cattle Indicator (EYCI), and assess if there is any potential for a short-term correction.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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