Beware that the end of the seasonal downtrend is close( oct 24th statistically ) and the last month can be very volatile for this spread.
I got out @ 5.50 today on 1/2 my position for a small profit. It was definitely a good trade to take, we'll see how the other 1/2 goes.....
Entered a new position today long Jun hogs/short feb. This one is looking trianglish, is that a word? Has a strong seasonal from Nov through early Jan. Most recent years this spread moved to a 10-20 premium.... https://www.tradingview.com/x/JrFklTJj/
Watching this one closely LCJ/G. Nice technical setup, strong season Nov through Dec. Cattle market is a bit crazy though so will want to see support in the -2, -2.5 area before entering. https://www.tradingview.com/x/PwnkRMOB/
SK/KWK is starting to look like it may have put in a bottom. Bean harvest around 70% complete so not jumping on this one yet, but will keep an eye on it. https://www.tradingview.com/x/v49e9Acr/
I like this one a lot. Placed a limit order a little lower, waiting for a fill. The triple bottom is enough support for me.