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Re: DH, a reversal should be

close to happening. My $50 spread target for my 1 annual Oct cattle/Oct hog spread came in today I bought @ 37.50 and was thrilled to bank it at 51.00. Earlier than normal for this spread to hit the $50 target and it has been fluctuating in a $10 range rather quickly which tells me cattle are near a short term high and hogs at a low with a reversal soon. Yesterdays limit down has made me cautious for buying Oct hogs but 105-107 is a potential support area on the weekly when Oct takes over as front month but so will 111.60 if Oct hogs can manage to climb back above it. If there's any truth to the 6% PED losses a $25 drop off of weekly chart highs should be sufficient to satisfy the seasonal fall into fall hog market addiction. Oct hogs already have that dialed in so my guess is it will trade the $5 range addiction between 105-110 range until the ?? on Sept PED losses are confirmed.

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The Final Purchase Index for - - -
Re: DH, a reversal should be
You might be right on the reversal, ITZ. This -