Prediction
Lean Hogs are expected to increase over the next 2-4 weeks as Smart Money is near its longest positioning in 5 years while the Crowd is near its shortest
Key points
- Smart Money — 98th percentile, Crowd — 5th percentile
- Open Interest -9.7% month-over-month
Why it matters
Smart Money is at the 98th percentile, indicating it is near its longest positioning in 5 years, while the Crowd is at the 5th percentile, indicating it is near its shortest. This resolves bullishly as the crowded shorts in the Crowd are likely to unwind, driving the price higher.
What confirms the thesis
Smart money positioning stays elevated and Lean Hogs holds or reclaims its recent range.
What invalidates the thesis
Smart money accumulation fades quickly or Lean Hogs breaks to fresh short-term lows.
For informational purposes only. Not investment advice. Disclaimer.