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Paraman666
Feb 27, 2019 2:27 PM

Lean Hogs ready to go up because of grilling season coming ? Long

Lean Hog FuturesCME GLOBEX

Description

Lean Hogs are moving by strong seasonality - after grilling season ends (usually at June to August) the price usually goes sharply down. After that big move, price usually goes up until end of grilling season. Price is also at historical strong ressistence + COT report is also extremely bullish ( it shows us positions of biggest players in the market).

Trade closed: target reached

Target reached, however I will probably reenter my position after some decent retracement.
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