If you look at the Bollinger bands on the weekly chart, you will see the price is running into a spear point. That is heavy duty resistance. Since the weekly chart out ranks the daily in these situations, any buy signal on the daily would be ignored by me.

In addition, the Triangle broke out yesterday, in the other direction. It's done. Time to stop watching it and look for something new.

I can't make any calls at this point. My rules say to sit on the side untill a better set up comes along.

Lastly, Feeder Cattle is one of those thin markets I avoid anyway.