is one confusing mess. It would be a lot easier for me to trust my choices if Dec had not gone premium to Oct. The Wild Cat is out of the bag and cash is giving the clues that it has found a reversal spot. So, even though it does not make any sense(it never does in the beginning stages of a reversal) Dec hogs have a strong reversal almost confirmed with this weeks $2 move above Fridays 60.17 high. This weeks close will tell use if the reversal is confirmed by giving a weekly close above 60.75. A weekly close above 60.10 is a reversal qualifier but not as strong as 60.75. A weekly close below 59.95 would give the bears something to celebrate but would probably just give us another 3 weeks of confusing sideways trade between 58.00-61.00.

At the moment, the structure of this rally has all of the signs of the Real Deal and I have to expect correction support to show up no lower than the 60.30-60.50 area but if the rally is as determined as the structure appears, tagging back up with 60.75-61.17 last Fridays high region of 60 minute congestion will prove to be correction support. My projections call for 64.20 to happen, to be a qualifier for the end of the rally but at that point the magnets to test contract highs for the $10 rally will probably be working to make it happen. I'm trading it from that perspective but won't be very convicted about it until I see the weekly close.

No, I don't believe Dec hogs deserve or should be here with new record numbers from the report. I knew a $10 rally was set up and begging to happen but the market had to first convince me I was wrong and it did a very good job of doing that. That's the way this game is-----you win some and you lose some as you try to land more winners than losers. The market is smarter than us and some people have trouble dealing with that.