to get the most lucrative seasonal trade in place. Phase 1 for me is the short side of the short June Cattle/long June Hogs spread. I was contemplating starting with the long June hogs a week ago @ 99-100 but felt like it was a bit too early and June cattle weren't high enough but now they are in sell territory. I had 201 marked as a sell point but I've been so beat up and wrong since mid Dec, my confidence is on shaky ground. I've decided to pass on my 201 target and wait for 203 which probably won't happen now that my mind is a wishy washy mess.

This is setting up to be one of the most profitable cattle/hog spreads ever traded, so I'm not going to give up on a short June cattle even if I have to play it the safe way and wait for a sell signal.