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LEONES
Jun 29, 2013 4:42 PM

Hogs feel better Short

Lean Hog Futures (Aug 2013)CME GLOBEX

Description

Got stopped in my first attempt but I'm re-entering a short here. Hog are at historical price highs and from a seasonal point of view they are typically weak till late October. Hogs have reached resistance at 99.500-100.000. 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 where another reaction could take place.
Comments
LEONES
Still short here - target 93.00
LEONES
Hit the first target today!
LEONES
Final target 93.00.
LEONES
Hit the first target today!
Mytradersblog
Good trade ! This one was BULLSEYE
LEONES
Hogs trading lower - I have moved my target objective to 93.000
LEONES
Hos trading at 96.000 time to add more shorts
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