October Lean Hog Futures a Selling Opportunity on Fresh Price Weakness

 See on the daily bar chart for October lean hog futures that prices are in a steep downtrend and the bears have the solid technical advantage. A move below chart support at $92.00 would become a selling opportunity. The downside price objective would be $80.00, or below. Technical resistance, for which to place a protective buy stop just above, is located at $97.50.