Hello hog traders, To say hog futures took it on the chin last week would be an understatement. The market got a double dose of continuing cutout collapse and spec fund liquidation. Funds are leading the liquidation charge as front month futures get pounded, but it is joined by commercial selling as well. At on… Read more.
Yesterday afternoon I sent out an email that pointed out a potential trade in the June lean hog futures. This came from Monday’s breakout setup; hogs sold off this morning and look to close limit down today, which suggests more downside on Wednesday. In my Swing Trader’s Insight advisory I use a number of patterns… Read more.