Hog and Cattle Spreads

Quote from Buy1Sell2:

This one required some patience, but it is beginning to be fruitful. Close was at 68.25 today.

This is with regard to July Hogs. I certainly didn't like the looks of today's action although we're still above 68. I will look to the next couple of days for future hints at direction. As for June Cattle, there is a rather large clear bullish divergence in both RSI and MAC HIstogram and prices are beginning to respond. Right now it looks good for the home team.
 
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