LEONES

Short Hogs - neck of H&S

Short
CME:HEJ2013   LEAN HOG FUTURES (APR 2013)
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2
Price has formed a H&S pattern over the last four months. Trend is down. 86900 gave support three times, the fourth will probably not hold. Good time to short if the price doesn't consolidate longer. In the long term we could be aiming at 84000. Feedback please.

Comments

"Three bottoms-the fourth never holds..". Never say never. :O)
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LEONES bcarbon
well let's say there are higher probabilities that this support will not hold next time...
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Have any charts on Gasoline and Silver?
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LEONES QuantitativeExhaustion
i don't see anything interesting there now
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