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Important price line being approached by 3m Co.. This price has been tested numerous times before.

3m Co. is moving towards a line of 189.36 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If 3m Co. continues in its current trajectory, we can expect it to reach 189.36 within the next 2 days.

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After testing support twice in the past, Lean Hogs JUNE 2021 has finally broken through. Can we expect a bearish trend to follow?

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