Lean Hogs: Price could get slaughtered from here

Short

Lean Hog Futures (Feb 2016) (CME:HEG2016)

Aggiornato

CME:HEG2016 Lean Hog Futures (Feb 2016)

Comments on the chart

Commento:

We have had the breakdown from the structure and price could be doing a retest of the underside of the structure. This idea us toast if 62 is taken out. By the way the rest of the meats are flying upwards while this one is not doing so as much. Hint of more bearishness?

Commento:

Closed out my trade for a loss just now. I am bearish but the market is saying different. I am not in the business of taking on the market

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