LEONES
Long

Prepare the hogs for the summer season :)

CME:HEJ2013   LEAN HOGS FUTURES
269 22 1
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.
How do other livestock charts look? Same formation .. -or- hogs the only strong player?
Reply
LEONES PRO QuantitativeExhaustion
yes good point cattle is strong sell...need to see what happens tomorrow
Reply
Good to know.. thanks. Need cattle and hogs to go up together for this trade to work.
Reply
snapshot

Here are the lines looking at.
Reply
LEONES PRO QuantitativeExhaustion
what is this COW? seems strongly going down
Reply
Stock ETF for Hogs and Cattle
Reply
Trades at a 3x multiple also has options
Reply
LEONES PRO QuantitativeExhaustion
do you have a link for this ETF, to see the specs.
Reply
http://etfdb.com/etf/COW/fact-sheet/
Reply
LEONES PRO QuantitativeExhaustion
ok thank you interesting
Reply
Do you have a chart of cattle u could post?
Reply
LEONES PRO QuantitativeExhaustion
let me see
Reply
Comment removed
LEONES PRO QuantitativeExhaustion
Cattle seems strong bear. Friday bar is quite strong with a close close to the day low.. i think it will go lower till the end of the month. missed the opportunity to sell it on friday!
Reply
yeah... studying price right now.. looking for a floor
Reply
Alright good research for better price action later. Have to stick with gas trade.
Reply
snapshot


Broader run this summer.. You are right
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out