The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, February 27, 2025 April Lean Hogs April Lean Hogs closed down 3.925 today, settling at 84.375. That puts prices just above the 200-day average (purple, 84.228). Volume was high today, which usually means position liquidation and further weakness ahead. However, tomorrow is …
Chart of the Day – April Lean Hogs
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, February 21, 2025 April Lean Hogs (Daily) April Lean hogs closed at 87.675 on Friday, down .850 on the day. That strings together 6 “bearish” days together, or day where the close was lower than the open. The April contract started the …
Chart of the Day – April Lean Hogs
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, February 11, 2025 April Lean Hogs (Daily) Today, April Lean Hogs settled at 92.975, up 1.35 on the day. This is a contract high close for the Hogs and was a very strong day, with the market opening just 1 tick off …