Lean Hogs
Technicals (July): July lean hog futures peeled back yesterday, trading near the low end of last week’s range. 106.65-106.975 is the support pocket that the Bulls need to defend to prevent a bigger technical pullback. On the resistance side of things, the 100-day moving average has been a brick wall, that comes in at 112.35, today.
Resistance: 114.175-114.825***, 120.325-121.075***
Pivot: 111.975
Support: 108.70**, 106.65-106.975***, 103.35-103.70**
Technicals (July): July lean hog futures peeled back yesterday, trading near the low end of last week’s range. 106.65-106.975 is the support pocket that the Bulls need to defend to prevent a bigger technical pullback. On the resistance side of things, the 100-day moving average has been a brick wall, that comes in at 112.35, today.
Resistance: 114.175-114.825***, 120.325-121.075***
Pivot: 111.975
Support: 108.70**, 106.65-106.975***, 103.35-103.70**
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.