December Lean Hog Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart for December lean hog futures that prices have backed down from the recent high as the bulls have faded. A move below chart support at Thursday’s low of $91.77 would become a selling opportunity. The downside price objective would be $85.00 or below. Technical resistance, for which to place a protective buy stop just above, is $95.00.
