probably irrelevant, because its too early to feel good, the jury is still out but I was buying June hogs yesterday along with a handful of hog traders @ 92.80 with $2 risk stops. Friday they get moved up to break even. We gained some today but it's not a done deal until we see the bottom retest which could also be a new low. Time will tell the rest of the story.

My long April cattle caught a nice friendly jump today in response to Turn Around Tuesday. They triggered a buy signal with the daily close above 194.60 but can they keep it activated. Price is now back above the 9 day and if it continues to do its job of pushing the market higher there may not be a need for a bottom retest. I have to believe the 50% retracement target @ 198.60 is a Done Deal waiting to happen. That could be all they can do if they fail to trigger a stronger buy signal with a daily close above 198.60. My preferred upside target is the 200-201 resistance area but that will take time and some sideways technical work.