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Lean
Hogs Futures (October Contract)
Prices are
currently up close to +100 points from
yesterday's close (+$400 per contract).
Yesterday I posted to my website the fact that prices closed practically on
both the 60-minute and Daily
"Stealth" Support curves. An
added degree of risk noteworthy in this market is the <FONT
color=#008000>Quarterly Hogs and Pigs Report from the USDA (<A
href="http://www.usda.gov/nass/PUBS/TODAYRPT/TODAY.HTM";>http://www.usda.gov/nass/PUBS/TODAYRPT/TODAY.HTM)
which is to be released after market close today.) -
Brian
Daily Chart (3 days ago) - <A
href="http://www.hitech-analytics.com/hogs_4.pdf";>http://www.hitech-analytics.com/hogs_4.pdf
60-Minute Post (Last Night) -
<A
href="http://www.hitech-analytics.com/hogs_5_60min.pdf";>http://www.hitech-analytics.com/hogs_5_60min.pdf
Disclaimer: This message
and linked charts do not represent trading or investing
advice. There is extreme risk in trading futures, and the maximum loss
is not limited to the pledged margin capital. Consult a
professional financial advisor or broker prior to making any financial
related decisions.
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