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InvestingScope
1 lip 2019 17:07

Lean Hogs: 3 tier long term buy opportunity. 

Lean Hog FuturesCME GLOBEX

Opis

Lean Hogs have been trading sideways since late 2015 and on the monthly chart is best illustrated by the neutral monthly chart (RSI = 51.940, Williams = -47.019, CCI = 34.8246, Highs/Lows = 0.000).

On 1D the MA200 works as a pivot attracting the price always after an annual High or Low. The price is currently trading above so we are expecting a sharp decline below this MA200 consolidation belt and towards the previous 2 lows which now represent a 3 tier buy opportunity: 55.100, 48.000 and 41.000.




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Komentarze
DACapitalTrading
Great content, leave us a follow aswell mate :)
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