Lean Hogs DECEMBER 2023 has broken through a resistance line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 70.1313 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Breach of 64.8690 could mean a start of a bearish trend on US Oil
US Oil has broken through 64.8690 which it has tested numerous times in the past. We have seen…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…
Because Silver Spot formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower
Silver Spot is heading towards the support line of a Channel Up. If this movement continues, the price…