Lean hog futures issue a fresh buy signal

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Lean hog futures surged higher today (7/22) posting gains for a second consecutive day and making new highs. This rally suggests a fresh buy signal for both the August and October contracts of lean hog futures on the daily chart. Lean hogs also gave me a King's Cross counter-trend buy signal on the weekly chart last week and now the trend has changed to the upside on the weekly chart. Lean hogs are also showing a buy signal so far this month on the monthly chart. In my opinion lean hog prices may see $1.05. View my thoughts on other markets at Larry Baer's Options & Futures Trading Strategies: http://larrybaer.com And subscribe FREE to Larry Baer's Charts and Set-ups Newsletter: http://www.zaner.com/3.0/lbaer2.asp Call me for trade set-ups at (312) 277-0112 SEE CHART Call me for details and trade set-ups at (312) 277-0112 or toll free at 888-281-4161 or email: Lbaer@Zaner.com To see what I consider a "buy signal" watch my video, Larry Baer's Traditional Trending Strategy Video: http://www.youtube.com/watch?v=iro7sFQRG5k Larry Baer's Options & Futures Trading Strategies: http://larrybaer.com Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.