LEONES
Short

Chasing the Hog

CME:HEZ2013   LEAN HOGS FUTURES
113 0 0
Swing failure in proximity of the 1/1 bull Gann line. The market is poised to move lower. Target on the down sloping ML. Large speculators are holding extreme long positions and might start to liquidate soon. Notice also that all the livestock sector is at historical highs and is showing signs of reversal (see LEZ and GFX contracts)
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