That may be good or it may be bad having similar thoughts. I don't get the feeling that it is packed to the rafters, so we are probably OK. I'm short the June from yesterdays mid day reaction bounce @ 77.15 and todays south lines @ 76.05. I did make a couple deposits @ 75.70 and 75.50. Still holding 1 for a 75.15 deposit order.

I had couple of my more aggressive hedgers sell May last week @ 69.95 and 70.10 and added a few more today with a sell signal trigger @ 67.57. It needs to close below 67.60 for me to consider it valid. I'm expecting the 65.00-66.00 area to possibly show up as support for the hog market $5 addiction range.