Hog and Cattle Spreads

Discussion in 'Journals' started by Buy1Sell2, Feb 3, 2006.

  1. Buy1Sell2

    Buy1Sell2

    This is with regard to July Hogs. I certainly didn't like the looks of today's action although we're still above 68. I will look to the next couple of days for future hints at direction. As for June Cattle, there is a rather large clear bullish divergence in both RSI and MAC HIstogram and prices are beginning to respond. Right now it looks good for the home team.
     
    #21     May 1, 2006