MURICO.com Forum

new marked target for June hogs,

was marked with todays move above the previous 82.62 high. It is not written in stone that the market has to be that precise or kiss the target area quickly. That target remains in effect as long as daily closes remain above 81.00. My fishing lines were hit @ 82.20 and I made a deposit on 1 @ 83.15. The other I plane on holding for my next Time & Price Square target @ 84.40 if I don't get spooked by something or stopped out. I seldom hold out for the precise market target because precision is a low percentage happening. The high % happening is undershoot or overshoot. My Prime Directive forces me to choose the undershoot target.