LEONES
Short

Hogs peak

226 15 1
Seasonally weak till late October. Hogs have reached resistance at 99.500. Price action over the last few days suggests that a reversal is in place. I expect a quick fall during the next 2-3days back to the 1/1 Gann and 20 MA where another consolidation could take place.
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Here is my version of Gann.
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RSI crossed the uptrend line, Fisher looking pointy and headed down and trix is rolling over and headed south with divergence to price.
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LEONES PRO littleriver
bearish signs, good
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Something to think about...
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news are bad for them....watch out.
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LEONES PRO ozatrading
which news?
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hogs have porcine epidemic diarrhea (PED)- 13 states
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LEONES PRO ozatrading
thank you but I think these news are already discounted in the price
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http://www.foxnews.com/health/2013/06/19/outbreak-deadly-piglet-virus-spreads-to-13-states/
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LEONES PRO ozatrading
well you were right
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Today outside bar is a further confirmation of the top
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Stopped, hogs trading higher
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Maybe not . Nice engulfing candle today at upper fib.
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LEONES PRO littleriver
Agreed, entered short again
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