Hog Spread – What a Difference a Day Makes
June 24th, 2009 Posted in UncategorizedThe backspread in the Lean Hog futures that had been causing some pain snapped back in a hurry today.
Take a look:
Now that this reco has benefitted from this reprieve, we'll turn our attention back to the original suggested profit targets and trade management. The original profit target was 2 cents from the entry zone of -0.75 to -0.95, LHZ9 under LHN9, so roughly +1.05 to +1.25 cents LHZ9 over LHN9. It looks like it went out near +0.10 today.
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Bob // 1.312.987.2053 & 1.800.388.0998
Futures and Options trading involve substantial risk and are not suitable for all investors.