TMV Swing Trade Report – Short from 99.92 – current price 96.05 – Lean Hogs traded below the low of Wednesday’s reversal date low, but have begun to form a  peg-leg formation on the 60-minute chart. This could signal the beginning of a corrective bounce into the next reversal date due on May 3, 2011. I recommend covering the short positions to bank the gains. I will continue to watch the Hogs for a new signal pattern as the market trades into the May 3, 2011 reversal date.

 

June Lean Hogs

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