We use the Commodity Futures Trading Commission Commitment of Traders report to generate daily buy and sell signals in the commodity futures markets and Exchange Traded Funds. Our analysis has been featured in many places online and in print and is disseminated nightly via the COT Signals, nightly email.
Tuesday, December 4, 2012
Calling a Top in Lean Hogs
Commitment of Traders Report Confirms Seasonal High
trade setup is merely a random sample of the day’s trades generated by COT
Signals. To track our work their and receive all of our nightly trading
February lean hog contract is being hit with bearish signals from every
direction. Yesterday, we published a seasonal sell signal based on the
recommendation of Moor Research and this morning we have a sell signal from COT
Signals which, means there is considerable commercial selling. Finally, we have
a technical trigger called a , “90-10.” This is described as a continuation play in
Larry Connor’s book, Street Smarts and the method was developed by Linda
Raschke. The 90-10 Low Continuation signal is fired when the day's trading closes within the bottom 10% of the day's range. It tells us that yesterday's late day move lower is likely to continue on into today.
method we use to view this market, seasonally, fundamentally or, technically
they all point lower. We’ll sell February lean hogs and place a protective buy
stop at yesterday’s high of 87.775.
information is not to be construed as an offer to sell or a solicitation or an
offer to buy the commodities herein named. The factual information of this
report has been obtained from sources believed to be reliable, but is not
necessarily all-inclusive and is not guaranteed as to the accuracy, and is not
to be construed as representation by Commodity & Derivative Adv. The risk
of trading futures and options can be substantial. Each investor must consider
whether this is a suitable investment. Past performance is not indicative of