LEONES

Prepare the hogs for the summer season :)

Long
CME:HEJ2013   LEAN HOG FUTURES (APR 2013)
High probability trade. HOGS tested the 79 support and parallel line on the 8 Mar. Price then moved up with high volumes and retraced for five days. Currently is back in the buy window. Hogs makes typically seasonal bottoms in mid march. Many factors are favoring the bulls. I would enter long above Friday high. In two-three days we should reach the target objective on the median line . If price falls below the 8 Mar low be ready to sell but I don't think it will happen.

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