Posted 1/30/2019 08:51 (#7283752 - in reply to #7283703) Subject: RE: Hog Market
Spikes - 1/30/2019 09:37
I've been watching M's...my chart has a line at 75.95 that was hit...it may retrace up to 78.80 or so before heading back down...next line would be at 75.40 then, 73.30 and 73.00...will add more if needed...Weekly chart looks like it could go down until April before we get the summer contracts to turn back up...
SpikeĀ
Well aren't you just the Debby downer?
I'm just joshin ya, I asked for opinions. I guess I wasn't expecting anything near that bearish and hate looking at weekly/monthly charts on hogs because of the spreads/seasonality of the contracts.
Personally I would like to see the gap from late last week get closed. That's a good place to start.