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SO
The Pigs Are Going Out to Pasture, So Sell Lean Hog Futures Here
['Mon', 'Sep', 'Min Read']
Yahoo Finance
December lean hog (HEZ25) futures present a selling opportunity on more price weakness.
See on the daily bar chart for December lean hog futures that a price uptrend appears to be rolling over.
Recent declines in cattle futures (LEV25) (GFV25) markets are also a negative for the hog futures market.
A move in December lean hog futures below chart support at last week’s low of $86.525 would give the bears more power and it would also become a selling opportunity.
Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%):Trading commodity futures and options is not for everyone.
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