Pork Bellies....mmmm

[Sejake]

Nice looking TS3 in Daily Pork Bellies triggered this morning....

[prh]

Sejake, I noticed the same setup in PBG8 as well. However, the volume is very low, only 100-200 contracts traded per day. A very illiquid market that is difficult to trade and in which risk control is difficult. But you are correct that it is a valid MTP setup. I passed on this one though but took a long silver (March) position which also triggered today.

PRH

[Sejake]

Hey PRH, thanks for the volume info.
Silver does look good.
I only had time for a quick standard scan this morning, so only had the PB TS3come up.
Good luck, I'll be watching in the morning...

Regards