TMV Swing Trading Report Trade Alert
June Lean Hogs – Lean Hogs have been in a sustained downward trend after TR pattern sell confirmation on April 21, 2011. The market had posted eight days of lower closes as it traded into the May 3rd reversal date, where it began to form a new reaction swing pattern underneath the downward sloping median line. This is price action could mark the balancing point before the market resumes the downward trend. Sell Hogs at 91.32 stop with a stop loss above the most recent swing high.