both showing us a holiday demand surge, Dewey, but traders are ignoring it. Perhaps they are looking more at a post holiday demand crash. I continue to read the fundamentals as saying that hogs have been pulled forward. If that is the case, there are not as many hogs as the USDA showed in the last H&P report. Fewer hogs plus strong demand could equal higher prices.
NOTE: WHEN I GET A DIRECTIONAL BIAS I AM USUALLY A VERY GOOD FADE!!!!
Best wishes,
dhm