December lean hog (HEZ26) futures present a buying opportunity on more price strength.
See on the daily bar chart for December lean hog futures prices have rebounded strongly from the August low and have negated a price downtrend. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just produced a bullish line crossover signal, whereby the blue MACD line crossed above the red trigger line. Prices last Friday also produced a technically bullish weekly high close.
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#line
See on the daily bar chart for December lean hog futures prices have rebounded strongly from the August low and have negated a price downtrend. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just produced a bullish line crossover signal, whereby the blue MACD line crossed above the red trigger line. Prices last Friday also produced a technically bullish weekly high close.
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#line
11 days ago
