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hopscotch
Jan 23, 2017 8:54 PM

Lean Hogs Short

Lean Hog Futures (Apr 2017)CME GLOBEX

Description

April Lean Hogs collapsed further today. Looking for candlestick pattern 3 black crows tomorrow, which might suggest building out the last leg of the Cypher pattern. Next target for the bears is 61.8% at 66.675. Still being cautious of a break up for more long action. Open interest is still rising and volume is moderate which is a good indication for continued fall.
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