For the lean hogs trade my stops are at break even.
Author: s4k
Flat Corn
I have bailed on the corn position for a nice profit.
Short Lean Hogs
Lean hogs (February 22 contract) is completing a rectangle top. I am short with a stop at 86 and a target of 78.
Positions Going Into Weekend
I only have a small position left in the 10-Year short with my stops jammed.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
ABNB | Short | 9/22/22 | 105.5 | 101.81 | 3.5% | |
CHTR | Short | 9/6/22 | 396.55 | 321.65 | 18.9% | |
Total Open Profit/Loss Stocks | 22.4% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
NG | Short | 9/22/22 | 7.5 | 7.02 | 6.4% | |
ZC | Long | 8/23/22 | 654.75 | 675 | 3.1% | |
ZN | Short | 8/24/22 | 117.421875 | 112.7 | 4.0% | |
Total Open Profit/Loss Futures | 13.5% |
10-Year Completed Pattern
The 10-year completed its H&S failure pattern. I took profits and jammed stops at the 14 DMA.
Short Airbnb
Airbnb made a beautiful head and shoulder failure pattern. I am short with a stop at 113.7 and a target of 70.
Short Natural Gas
I am short with a stop at 7.9 and a target of 5.8.
30-Year Has Made The Bottom
Something tells me we have seen the 30-year yield bottom. I do not think I will see it that low for the rest of my life.
Bitcoin
Bitcoin is forming a H&S continuation pattern. I will be looking to go short with a close below 17.8K.
Bailed on Gold
I closed out the short position in gold for a small loss. The fact that it is hanging around after breaking down indicates a bear trap.