Chart clues suggest US pork futures have now bottomed out

This week’s price gains in lean hog futures (as of Thursday morning), combined with last week’s stabilisation in that market, do provide early technical clues that the hog market has bottomed out and that prices will now trend at least sideways, if not sideways to higher, in the near term.
calendar icon 27 March 2020
clock icon 4 minute read

© Jim Wyckoff

© Jim Wyckoff

© Jim Wyckoff

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