HEZ2024-HEG2025: UP to -3,1 then down to -5I'm expecting for this spread based on seasonality that will grow up to 1 point (considering history) then redraw to -5 before end of Juneby mandiloz800
Lean Hogs Due for Relief?Lean Hogs Technicals (June-M) June lean hog futures shipped back higher midmorning but retreated back near unchanged by the close. Trendline support continues to hold which bodes well for some relief to the upside from these levels. A break and close below yesterday's low of 102.175 would neutralizby Blue_Line_Futures0
Buy April Hogs 84.20 limit, stop 82.90, tgt at 87.90Volatile Hogs market trying to decide between short term top and reversal. We will go for the less risk set up which in our opinion will be to buy April Hogs 84.20 limit, stop 82.90, tgt at 87.90Longby Cannon-TradingUpdated 2
Short in Lean HogActive COT Signal and downtrend on weekly: The 1d bearish market structure is still in place. On the 4h timeframe a small correction is confirmed and upper range of 1d market structure. If next 4h candle close below last low then lower high is confirmed and 4h down trend is in line with weekly aShortby MichiBTC2021Updated 1
The leanhogs trade- watch carefully!So leanhogs price just got out of the range. Now there is 2 option: !. First> retest the zone and go upside 2. Classic Wyckoff distribution with an uptrust. Potential short. Lets wait for confirmation!by Zolcsisti0
Sell Feb hogs 64.40 stop tgt 60.25, stop 69.60Sell Feb hogs 64.40 stop tgt 60.25, stop 69.60 Based on technical trend level Shortby Cannon-TradingUpdated 0
HE: Upside Potential on Pork Prices with New Hog Cycle UnderwayCME: Lean Hog ( CME:HE1! ) Throughout 2023, U.S. grocery shoppers find that beef prices rise rapidly. According to the National Daily Cattle and Beef report, published by the U.S. Department of Agriculture (USDA), Choice Beef averaged $290 per cwt (100 pounds) on December 8th. This represents a 16%Longby JimHuangChicago9
Long Lean Hogs, Short Feeder Cattle, seasonal shiftCan be done on CME, the ratio is 4.15 Contracts of Lean Hogs per 1 contract short GF Feeder cattle. This should mean revert.Longby wantonwallet1
Short Lean Hogs at Market; Stop 73.70Technicals indicate short bias move lower 2 days - 2weeksby Cannon-TradingUpdated 0
Short Lean Hogs at Market; Stop 73.70Technicals indicate short bias move lower 2 days - 2 weeksby Cannon-Trading0