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    Hog market bulls remain constrained by keen coronavirus anxiety

    The US hog futures market remains held hostage by the coronavirus scare that has roiled the global marketplace. Do not look for this situation to stabilise anytime soon.
    calendar icon 29 February 2020
    clock icon 4 minute read
    By: Jim Wyckoff
    North America
    Prices still in downtrend and bears have overall technical advantage. However, more gains in very near term would suggest that market bottom is in place
    Prices still in downtrend and bears have overall technical advantage. However, more gains in very near term would suggest that market bottom is in place

    © Jim Wyckoff

    Prices move into the lower boundaries of the trading range of the past few years, and now starting to rebound, suggesting more upside price action in the coming months
    Prices move into the lower boundaries of the trading range of the past few years, and now starting to rebound, suggesting more upside price action in the coming months

    © Jim Wyckoff

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    Jim Wyckoff

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