ChartProphet

Lean Hogs With Oil Futures Correlations

CME:HE1!   Lean Hogs Futures
Lean Hog has a gap below that has me intrigued but I am not sure how or if it will fill. I will also note this interesting but obvious correlation that I found with oil . We have some interesting inverse correlations on 2/18, 3/17, 3/25 among other days but otherwise similar chart patterns between the two. I am not sure how or why lean hogs front ran the oil pump 2/14 - 2/25 I would be curious to anyone's thoughts on this. Just general observations from a neutral stance.

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