normally I will fish the front month up to the 1st of the month. Last week I started thinking Feb was under valued for what generally happens going into the new year. Especially so when there has been such a large Thanksgiving feast for the bears. The bottom patterns I look for have started to build right on schedule to line up this 4 month swing cycle low. If a Launching Pad is being built, I have my doubts Dec will get a Launch but just trade in the favored $5 range-----or maybe just $3(54-57) into expiration.

This will allow Feb to complete the right side of the Launching Pad but also contained in the favored $5 range it does so well when the market does not know what to do without a Driver. The Driver will show up(maybe the PED story) usually the leading indicator technicals will trigger the buy signal and then the Driver shows up to give fundamental confirmation. My fishing parameter technicals are lined up with better reliability and higher open interest to create more volatility, which in turn makes my fishing risk/success more reliable for less anxiety. I'm looking at better fishing opportunity(for my qualifiers) when I look at the Feb chart and amount of time to trade it.

I can make a case that Feb hogs have a marked target @ 64.00 but it could still drop down to a new low, may or may not happen. I do have a very light bias but I could care less which direction it chooses because the $5 pond tells me it's fishing weather again. If I get 2-3 weeks of good fishing-----that mean my Bank account will grow if I keep my emotions controled by my Fishing Guide Rules of Engagement. Maybe, if I'm LUCKY, I'll snag a few BIG ONES if I don't fall asleep at Launch Time.