Beautiful chart, don't you think :) Nice big red candle, keeping within my thesis of a down move to about 71 or so.
Looks like we broke out through a Bearish Flag, as drawn on the chart. This and the mid-level stochastics suggest more room to the down side.
Big grains report tomorrow Fri 1/10/20 at 12:00pm. I haven't done a study on if this report effects Lean Hogs, so I don't know if it will, but since I have an option rather than short the futures directly, my exposure is limited to the cost of the options. So, I decided to hold on for now.
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