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Re: What do you see Spike, is it
In Response To: Hog G Range bar 6 *PIC* ()

running out of gas before it can kiss 63.00 or does it need a $1 setback to bounce it up for the kiss @ 63.00. Tomorrow being Friday, strange things can happen. The hog market as usual, is ignoring all of the other markets negativity. I've had 64.00 on the menu for some time and when I decide to be patient until the end of Jan to be thinking that target, the market decides to start setting the sights to put it on the menu, maybe sooner than expected. I also have Friday and Monday on call to be a potential mid cycle reversal date for the current 3 week cycle that entered the picture Jan 5th. If that plays out for a mid cycle reversal we could see a 2.50 correction next week to retest the 60.50-61.00 support area to see if it is support or not. My fishing lines will be set and waiting as soon as the pivot points for the south end of the pond are in place. If I had to make a guess-----the south end should set up at the 61.40-61.60 area.

Messages In This Thread

Hog G Range bar 6 *PIC*
Re: What do you see Spike, is it
Re: What do you see Spike, is it *PIC*
April daily *PIC*
April range bar 6 tics *PIC*