Continuous Hogs- Weekly: Currently plotting against the Oct contract (vs the August at 104.25). Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but hogs turned lower off the touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets…. Further risk in the 75.00 – 70.00 area for 4th qtr Hogs around the 1st week of October
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.