InvestingScope

Lean Hogs: Ranged 2-month plan.

CME:HE1!   Lean Hogs Futures
Leans Hogs is on a strong rejection this first few session of 2020, after the top on the 72.100 1D Resistance. The price is currently testing the 1D MA50 (blue line) which has been acting as the pivot since October.

With the long term Higher Low trend line (since August 2018) providing Support, we are expecting a bounce on the 61.400 Symmetrical Support back towards the 1D Resistance. 2 way opportunities exist within this range. Make the most out of it.




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