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PIG

WOLF, IS IT TIME TO JOIN THE WOLF PACK? TRENDS AND PRICE TARGETSBearish price targets are also sell targets for bulls. Bullish price targets are sell targets for bears. Basically, price targets are relative to your trade. If confused, please ask. Why are we talking about bears with WOLF? #1 answer Sharp Downtrends And support trends trading in a bearish direction. #2 answer Gaps to the topside. #3 answer RSI still bearish In an ideal world, price might project something like the guideline I've drawn. Don't follow this guideline, it is more for me to backtrack and correct errors. On top of that, I create a lot of charts, and to remember what I was seeing on a chart, multiple months in the past can be nearly impossible. However, it is there to show you a one of many potential movements out of these trends, I often draw the most natural movement, which doesn't always align with reality. Instead, focus on trend breaks and price targets. Earnings on the 24th of FEB. "Hungry Like the Wolf Duran Duran Darken the city, night is a wire Steam in the subway, earth is afire (do-do-do-do-do-do-do-do-do) Woman, you want me, give me a sign And catch my breathing even closer behind (do-do-do-do-do-do-do-do-do) In touch with the ground I'm on the hunt, I'm after you Smell like I sound, I'm lost in a crowd And I'm hungry like the wolf Straddle the line in discord and rhyme I'm on the hunt, I'm after you Mouth is alive, with juices like wine And I'm hungry like the wolf Stalked in the forest, too close to hide I'll be upon you by the moonlight side (do-do-do-do-do-do-do-do-do) High blood drumming on your skin, it's so tight You feel my heat, I'm just a moment behind (do-do-do-do-do-do-do-do-do) In touch with the ground I'm on the hunt I'm after you A scent and a sound, I'm lost and I'm found And I'm hungry like the wolf Strut on a line, it's discord and rhyme I howl and I whine, I'm after you Mouth is alive, all running inside And I'm hungry like the wolf Hungry like the wolf Hungry like the wolf Hungry like the wolf Burning the ground, I break from the crowd I'm on the hunt, I'm after you I smell like I sound, I'm lost and I'm found And I'm hungry like the wolf Strut on a line, it's discord and rhyme I'm on the hunt, I'm after you Mouth is alive, with juices like wine And I'm hungry like the wolf Burning the ground, I break from the crowd I'm on the hunt, I'm after you Scent and a sound, I'm lost and I'm found And I'm hungry like the wolf Strut on a line, it's discord and rhyme I'm on the hunt, I'm after you Mouth is alive all running inside Songwriters: John Taylor, Simon Le Bon, Nick Rhodes, Andy Taylor, Roger Taylor. For non-commercial use only."
NYSE:WOLF
by nicktussing77
S&P: With Emphasis on PoorWith everyone calling for another turning point in the S&P, the short trade is becoming less crowded. I prefer SPY 300 puts dated about six months out. Here are some ridiculous arguments I've heard for the recovery. 1. The fed will pivot or pause A fed pause or pivot indicates that economic conditions are too poor to continue hiking, implying that mass layoffs are already happening. There's nothing bullish about that for growth-chasing equities desperate for earnings. Companies are tightening their balance sheet because they can't generate profit and you're buying them? 2. Inflation is sticky bro Remember when we are all experts on the used car market? I do, that's why I sold my used car for more than the price I bought it new over five years ago. The common consensus was that the prices would keep going up, well the common consensus was--as usual--dead wrong. Used car prices have been dropping ever since. The manufacturer deliver times have stabilized since and production resumed in spades. Now the price of used cars continues to drop and the experts are nowhere to be found. Where are they hiding? They're hiding under a new narrative: inflation is sticky bro. I'm supposed to believe that a stimulus can reverse the effects of a mountain of debt and poor worker demographics projected to decrease for the next five years. We aren't in the 1970s anymore, the populace doesn't have the demographics to naturally drive inflation. This is a monetary issue and crushing demand will quickly undo what was done with COVID. With supply chain disruptions no longer an issue, the last man standing is oil. Can oil alone continue to drive inflation as a singular microeconomic phenomenon while the services sector which consumes the highest amount of oil comes to a standstill? I think the answer here is no. 3. The strong dollar will drive foreign money into equities This is by far the dumbest argument I've heard people parroting, and I would really like to know where it's coming from. The idea here is that the rising dollar will cause foreign currencies to drop and this will cause those market participants to buy the dollar and then buy equities, saving the equity market for some reason. Nobody can seem to explain why these supposed market participants will buy the falling equities instead of just holding the dollar or some form of fixed income. Are these market participants completely obtuse to what happens to equities in the event that nominal growth declines and earnings fall? Do these same market participants not realize that a recession will put an eventual pause on hikes and the dollar will reach a cycle top while equities continue to crash. The whole argument is based on an assumption that dumb money will enter the market before the recession and lacks historical precedence. If you know who originated this idea, I would like to hear from you. In conclusion, there is no reasonable argument convincing enough to call a bottom for equities aside from contrarian aspirations of "stonks only go up". In which case you're in for a big surprise and only depositing your money into Jerome's money shredder. The equity bull sees SPX at 3000, the bear sees 2000, the pig buys here now calling a bottom. There's no bottom in sight here folks, and that's all.
SP:SPXShort
by coinhoIio
1
Daily Lean Hog Market Commentary Hogs Summary Daily Direct Hogs Plant Delivered (as of 1:30 PM CT) Carcass Base Price Range: 96.00-112.00 Weighted Average: 104.81 Change from Prior Day: -2.02 Head Count:8,165 CME Lean Hog Index 8/29/22: 109.36 8/26/22: 111.26 Daily Hog Slaughter 475,000. Down 5,000 from last week but unchanged from the same day last year. Technical Snapshot Lean Hogs October lean hog futures gave back gains from the previous day's session after failing to get out above the 50 and 100 day moving averages. The pullback was disappointing for the Bulls, but it didn't do much in terms of changing the technical landscape. We know that the gap from July 6th remains open with the spring lows coming in below that. We like leaning on the bullish side of things so long as those support levels can hold. We've mentioned the bullish seasonal play in recent reports, that is for the June contract, which fared much better in yesterday's session. Resistance: 98.05-98.25***,100.375-100.825***, 101.65** Pivot: 94.225-94.975 Support: 91.50**, 89.40-90.225***, 86.825-87.40**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
1
The Bullish Seasonal for Lean Hogs is Off to a Great StartHogs Summary Daily Direct Hogs Plant Delivered (as of 1:30 PM CT) Carcass Base Price Range: 100.00-120.00 Weighted Average: 106.83 Change from Prior Day: -2.52 Head Count: 7,286 Daily Hog Slaughter 4800,000. Unchanged from last week and 3,000 less than the same week last year. Technical Snapshot Lean Hogs Lean hogs have had a solid performance over the last two sessions, getting the bullish seasonal trade off to a good start (the seasonal is for the June contract, contact us for more information). The market got up to the 50 and 100 day moving averages but wasn't able to chew through that resistance band from 94.225-94.975. A breakout above that pocket could open the door for another leg higher, with the next resistance pocket coming in closer to 98.00. Resistance: 98.05-98.25***,100.375-100.825***, 101.65** Pivot: 94.225-94.975 Support: 91.50**, 89.40-90.225***, 86.825-87.40**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
Lean Hogs Claw Back Early LossesHogs Summary Daily Direct Hogs Plant Delivered Carcass Base Price Range: 114.50-126.00 Weighted Average: 115.61 Change from Prior Day: -8.08 Head Count: 3,203 Daily Hog Slaughter 428,000. Down 30,000 from last week and 47,000 from last year. Technical Snapshot Lean Hogs October lean hogs opened lower on concerns of slowing Chinese growth, but managed to claw back losses, finishing the session in positive territory and smack dab in the middle of our pivot pocket. In yesterday’s report we defined our pivot pocket as 100.375-100.825. A breakout and close above or a breakdown and close below could spark a bigger directional move. With prices so close to contract highs, there are fewer defined levels of resistance. Resistance: 101.65** Pivot: 100.375-100.825 Support: 98.05-98.25***, 96.775-97.525***, 94.30-95.30*** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
1
Are Lean Hogs Out of Gas? Lean Hogs Daily Direct Hogs Plant Delivered (as of 1:30 PM CT) Carcass Base Price Range: 114.00-136.00 Weighted Average: 123.69 Change from Prior Day: 2.32 Head Count: 6,089 Daily Hog Slaughter 440,000. Down 12,000 from last week and 24,000 from last year. Commitments of Traders Update Friday’s Commitments of Traders report showed that Managed Money were net buyers of 8,402 futures/options contracts through August 9th. This expands their net long position to 65,153 contracts Technical Snapshot October lean hogs made new contract highs on Thursday, but it really lacked conviction. The lack of conviction helped spark some moderate profit taking on Friday. Bearish news from China has put some weakness into the outside markets, this may spill into hogs to start the week. If the market does experience weakness, a retracement to last week’s breakout point would be the first downside objective, Resistance: 101.65** Pivot: 100.375-100.825 Support: 98.05-98.25***, 96.775-97.525***, 94.30-95.30*** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
Lean Hogs Reach Uncharted Territory Hogs Daily Direct Hogs Plant Delivered (as of 1:30 PM CT) Carcass Base Price Range: 115.00-138.00 Weighted Average: 132.48 Change from Prior Day: 1.35 Head Count: 25,266 Daily Hog Slaughter 474,000. 5,000 more than last week and unchanged from last year. Weekly Export Sales Pork: Net sales of 21,500 MT for 2022 were down 31 percent from the previous week and 6 percent from the prior 4-week average. Technical Snapshot October lean hogs stuck their head out above the March highs as the market continues to stage a counter seasonal rally. Fundamentals remain strong and the chart looks good. With the market in uncharted territory, finding the next meaningful resistance point is a lot like a game of pin the tail on the donkey. The RSI is approaching overbought with a reading of 68. Typically, anything over 70 is considered overbought. Keep in mind though that we did see the RSI get to 84 back in February. So, a high RSI is not a good enough reason to short the market. Resistance: ??? Pivot: 100.375-100.825 Support: 97.525-97.85***, 94.30-95.30*** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
Lean Hogs RallyLean Hogs Commitments of Traders Update: Friday’s CoT report showed Managed Money were net buyers of 5,411 futures/options through July 19th. This expands their net long position to 45,435 contracts. Technicals (October): October lean hogs were able to breakout above the top end of the range from May and June, this could propel prices back to the march highs, 100.825. On the support side of things, the 100-day moving average lines up with previous resistance near 94.30-95.30. The Bulls will want to defend this pocket going forward. A break and close below could neutralize the friendly developments on the chart. Resistance: 97.525-97.85**, 100.375-100.825*** Support: 94.30-95.30***, 92.50** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
Lean Hogs Continue to Rally*Cold storage report will be out tomorrow afternoon Lean Hogs Technicals (August): Lean hog futures finally showed some more conviction in their recent breakout move above significant resistance from 111-112ish. This opens the door to a potential test of first resistance, 116.325. The more significant resistance comes in closer to 120. The RSI (at the bottom of the chart) is approaching its highest level since March, which is still below what would be considered “overbought”. Resistance: 116.325**, 120.30-121.25*** Pivot: 111.30-112.00 Support: 109.825-110.50***, 103.00-103.95***, 101.30-101.60**, 98.00-98.65**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
1
Lean Hogs Trade at Their Highest Level in Months Lean Hogs Technicals (August): Lean hog futures “broke out” above the upper end of their range, trading to their highest price since April 29th. The higher trade lacked conviction and follow through, which is keeping our excitement mute. There’s now a gap below the market that we will need to keep an eye on. Previous resistance will now act as our pivot pocket, 111.30-112.00. A break back below here could take us to fill the gap near 109.825-110.50 Resistance: 116.325**, 120.30-121.25*** Pivot: 111.30-112.00 Support: 109.825-110.50***, 103.00-103.95***, 101.30-101.60**, 98.00-98.65**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
Will Hogs Breakout?Lean Hogs Commitment of Traders Update: Friday’s Updated CoT report showed Managed Money were net buyers of 11,450 futures/options contracts through July 12th This expands their net long position to 39,934 contracts. Technicals (August): August lean hog futures traded at the upper end of the two-month range last week. Resistance remains intact from 111.30-112.00. A break and close above this pocket, and there’s little significant resistance for several dollars. On the support side of things, 106.35-107.025 is the pocket the Bulls need to defend. Resistance: 111.30-112.00***, 116.325**, 120.30-121.25*** Pivot: 106.35-107.025 Support: 103.00-103.95***, 101.30-101.60**, 98.00-98.65**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HE1!
by OliverSloup_BlueLine
Lean Hogs Act as a Flight to Safety? Lean Hogs Technicals (August): It was a risk-off day in nearly every commodity yesterday, with the exception of lean hogs. Lean hog futures were able to rally up near the 50-day moving average which we’ve listed as first resistance. That finished yesterday’s session at 106.90. Just above that is trendline resistance from the March 31st high, that comes in near 107.50. If the Bulls can find enough follow-through today to chew through that resistance pocket, we could see an extension towards 110. Resistance: 106.90-107.50****, 110.075-110.225***, 111.30*** Pivot: 103.00-103.95 Support: 101.30-101.60**, 98.00-98.65**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEQ2022
by OliverSloup_BlueLine
Lean Hogs Break Below the 200 Day Moving AverageLean Hogs Technicals (August): It was the last trading day of the month and quarter, which may have been the main catalyst for breaking lean hogs below what we have labeled a “MUST HOLD” support level, defined by the 200-day moving average and trendline support. This will now act as our pivot pocket, 103.00-103.95. Resistance: 108.125**, 109.45***, 110.075-110.225**, 111.30*** Pivot: 103.00-103.95 Support: 101.30-101.60**, 98.00-98.65**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEQ2022
by OliverSloup_BlueLine
Lean Hogs Test "MUST HOLD" SupportLean Hogs The quarterly Hogs and Pigs report will be out after the close. Estimates are: All hogs and pigs - 99.0% Breeding herd - 98.9% Market hogs - 99.0% Technicals (August): Lean hog futures broke lower yesterday, trading into 4-star support from 103.00-103.95. This pocket represents trendline support and the 200day moving average. A failure here could take futures back near or below 100.00. On the resistance side of things, there’s not a lot until the 50-day moving average, today that comes in at 108.125. Resistance: 108.125**, 109.45***, 110.075-110.225**, 111.30*** Support: 103.00-103.95****, 101.30-101.60**, 97.375-98.00**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEQ2022
by OliverSloup_BlueLine
Lean Hogs are at an Inflection PointCommitments of Traders Update: Friday’s CoT report showed Managed Money were net sellers of 3,641 futures/options contracts through June 14th. This shrinks their net long position to 18,832 futures/options. Broken down that is 44,483 longs VS 25,651 shorts. Technicals (July): July lean hogs gaped higher on Friday but couldn’t get much else going after fizzling out against trendline resistance from the March 31st high and the 50-day moving average. If the Bulls can chew through this barrier, we could see futures attempt to breakout above the 100-day moving average and the June 2nd high, 112.825-114.00. Resistance: 110.50-111.625***, 114.00-114.825*** Pivot: 109.575-110.075 Support: 103.35-103.70****, 101.30-101.60**, 97.375-98.00**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEN2022
by OliverSloup_BlueLine
Lean Hogs Approach Techncial Resistance. Time to Breakout? Lean Hogs Technicals (July): July lean hogs were able to find follow-through momentum yesterday, inching closer to the pile of technical resistance. Trendline resistance from the March 31st highs and the 50-day moving average come in at 110.675, which comes right in line with the June 8th high. This will be a big hurdle for the Bulls to overcome. If they can, there's more roadblocks from 112.75 to 114.00. Resistance: 110.675-111.00****, 112.75***, 114.00-114.825*** Pivot: 106.75-107.00 Support: 103.35-103.70****, 101.30-101.60**, 97.375-98.00**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEN2022
by OliverSloup_BlueLine
Daily Lean Hog Technical and Fundamental Update (6.16.22)Lean Hogs Technicals (July): July lean hogs were all over the place today as the market attempts to find its footing. The close out above resistance from 106.75-107.75 is encouraging and could encourage additional buying to 110.775-11.625. This pocket represents the 50 day moving average and trendline resistance from March 31st high. The Bulls have their work cutout for them with plenty of hurdles to overcome just above that pocket. Resistance: 110.50-111.625***, 114.00-114.825*** Pivot: 106.75-107. Support: 103.35-103.70****, 101.30-101.60**, 97.375-98.00**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEN2022
by OliverSloup_BlueLine
Daily Lean Hog Technical and Fundamental Update (6.12.22) Lean Hogs Technicals (July): July lean hogs attempted to get out above technical resistance from 106.75-107.75 but failed to sustain the early momentum into the afternoon session. If the Bulls can chew through and close above this pocket, we would look for an extension towards the mountain of resistance from about 111.00-112.70. This pocket includes trendline resistance from the March 31st highs, the 50 and 100 day moving average, and other previously important price points. On the support side, 103.35-103.70 is the pocket the Bulls must defend. Resistance: 106.75-107.75*** 110.50-111.625***, 114.00-114.825*** Support: 103.35-103.70****, 101.30-101.60**, 97.375-98.00**** Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:HEN2022
by OliverSloup_BlueLine
Join the Pig Army! PIG TokenI know this sounds silly, but this is a real thing. Do not underestimate the value of a "Pig Army." For that matter, do not underestimate the value of a black hole. This token has some superior qualities and ideas that I believe will pay very handsomely in the near future. At first blush, it starts with a stupidly high number of tokens, not unlike Shiba Inu, but they have already "black holed" 585 Trillion tokens. That is trillions with a "T." Talk about feeling the burn! Wow! You really need to visit the Pig Finance website (it is pigtoken dot finance) and see what I am raving about. They really do have a growing Pig Army and a tab you can click on to join that same Army...yes, Uncle Bacon wants YOU! And it seems to be working. They already have over 71,000 twitter followers and 26,000 telegram members. They are taking a very unique approach in ensuring their token rises in value. There is a 5% tax on every transaction: 3% is locked in liquidity 2% is distributed to PIG holders proportional to the amount of PIG held. PIG has been stealth launched. 100% of PIG supply was seeded as liquidity. That means no presale and no allocation to team members. Liquidity is locked in Pancakeswap and the ownership of the contract has been transferred to the burn address. No team allocation at launch means that PIG is 100% community led. 50% of the supply was sent to the Black Hole at launch. Because it is so massive, it will absorb a significant amount of the 2% tax distribution, resulting in exponential hyperdeflation. THAT'S Hyper-DEFLATION. The opposite of what is happening to our fiat dollars, losing value every day. This is a pretty cool spin on the hot Defi market. Now, I'm not much at jumping on any of the swap platforms with their high fees, but I did find Pig Token in a USDT (Tether) pair on BitMart. I simply bought some USDT with my Coinbase account and then sent those USDTs to the deposit USDT address Bitmart created for me...and viola, I was quickly able to buy a cool billion PIG/USDT! Now, it is just a matter of time before it is listed on the larger exchanges. And trust me, you want to be in this BEFORE it is listed anywhere else. And then you want to sign up and join the Army, the PIG Army! If you like this review, let me know. This is not financial advice. It is simply what I am doing.--Garry
PLong
by tg-l
BONDLY looking studly! A quick review on a great NFT tech buy!Bondly overview: Launched on Polkadot (DOT) in September 2020, the "Bondly protocol offers an ecosystem of decentralized products that enable anyone to execute digital payments between peers (from their website bondly dot finance)." With a circulating supply of less than 200 million and a total count possible of less than 1 billion coins/tokens, this is a steal of a deal! This coin has a very small market cap. It’s trading for less than a quarter. Bondly provides services to artists, crypto projects, and brands that are looking to launch and manage the best possible NFT experience. They have simplified the processes that typically frustrate NFT creators and collectors. Their marketplace is competitive and professional in appearance. Their customers are musicians, video game creators, and players, influencers, agencies, brands, movies, celebr​ities, and athletes. Entire sports teams are utilizing Bondly already. They’ve launched everything from virtual pets to card games and anime. They’ve partnered with Atari, Binance, Chainlink, and more. I was able to make my small purchase of less than 1800 coins/tokens using Tether (USDT) in bitmart. I am thinking I should set it and forget it. Like Piccolo Inu (PINU), UltimoGG (ULTGG) and Pig Token (PIG), I am willing to bet this is one like those will eventually get listed on Coinbase and other large exchanges and create a huge price catalyst when it happens. (PINU and ULTGG are similarly positioned in the NFT and Gaming genre, while Pig is serious Defi) Get in small, get in early and wait (thus, set it and forget it) for stunning returns. The "get in small" part of the equation is with the understanding that some platforms and tokens will become losers. Never speculate with more than you can afford to lose. This is not advice, but simply part of what I am doing. If you would like reading more about these hot NFT, Defi and Gaming platforms/coins/tokens, let me know.
BLong
by tg-l
2
001. Cryptpigo Play - Buy 100K Sub-Penny Altcoins = Set for LifeCorporate-American dream --> get paid a lot to do very little. I just figured out a way to do that.. see the chart above for the next 5G Master Key to infinite wealth. This colorful setup displays my personal favorite lotto alt-guy, VeChain, which I have found to be the most bullish + technically sound chart of altcoins trading below 1 penny. It also offers some (comically presumptuous) interest in the form of VeThor, which could compound exponentially if the price breaks out high enough. VeChain is my main horse below a penny, which is the niche I believe will yield insane gains when the time comes for cryptorabola madness round dos ensues. The best coin from a bullish technical perspective, in my opinion, and others' I've spoken with, is ChainLink. Only one problem - I cannot buy 100K worth and that is a dealbreaker for me. It doesn't make sense wasting money on the more expensive coins because I am speculating that most altcoins will yield returns of similar magnitude in relative price terms, with some additional room to run the cheaper you go. Now, I'm not saying that all sub-penny altcoins are the same because I would never want to antagonize 90% of the website. What I am saying is that picking one to three really cheap ones, buying a stupidly high amount of them, and hoping it becomes a unicorn based on structural/technical quality is actually not a bad strategy in terms of expected value. Also, it is a fun way to potentially make a fortune with little risk towards your overall cryptfolio. Guarantee some thousands of preteens will become richer than their parents as a result of this melt-up. AND GUESS WHAT? There's not much the government can do about it (probably). Conclusion: I am actually just going with 100k worth of three different sub-penny coins and hoping for the best. At the very least, one of them should reach penny status sometime in the near-future. If nothing else, my VeChain's cumulative interest should get to 0.01 USD status by 2021, guaranteed. BINANCE:VETUSDT BITBAY:BTCUSD KRAKEN:ETHUSD
BITFINEX:VETUSDLong
by UnknownUnicorn5511258
18
Anti-Harmonic Pattern: Reverse Bat-PigWhile I was only poking fun at the ridiculousness of the price movement of the S&P when I posted about "discovering" a new harmonic pattern called the Invisible Pig (see related). The invisible part referred to the FED's interference, but perhaps there might be something more to the new sort of price action that seemingly makes no sense. Apparently, for every positive yin in the universe, there exists an opposing yang. Harmonic patterns work often, but they still get "busted" on occasion, especially in today's stock market. It seems strange and unnatural when this happens and if you look at the chart above, it has happened often enough that it's worth trying to make sense of. Enter the first Anti-Harmonic Pattern, which pretty much goes against the norm in terms of logical price movement. In fact, why not just call it the irrational indicator because every time it has popped up, "irrational" price movements have left many shaking their heads in disbelief. While this whole concept is a bit out there, it also is strangely consistent. Who really knows, ya know? SPCFD:SPX
SP:SPXLong
by UnknownUnicorn5511258
4