Hi Buy/Sell, Thanks for sharing. Just wondering do you use online platform or normal broker to excute your order while you're on holiday. Alp
Lifted this spread on the close yesterday at .875 to the Auggie side. It didn't work out favorably and the seasonality is over. Loss 1.3625 per contract =$545
Perhaps I lifted the spread at the right time. Had I held, I would still be long June Cattle and short Auggie Cattle. With the mad cow story over the weekend, I am interested to know if anyone has an opinion as to what will happen to these two contracts tomorrow and in the coming days?
Time to go long June and July Hogs? Trend is currently down, but trend shows signs of weakening near Oversold levels. This market is worth watching for bullish signs.
I'm still long the July Hoggies from 66.40. I entered a bit early but I see bullish reversal signs here with respect to histogram and RSI. I will perhaps add units.
Same with June Cattle here--showing signs of life with 3rd higher RSI trough as well as obvious triple bullish divergence on histogram. I will look to go long tomorrow.