Another good down day. Since the 14 day stochastics are oversold, down below 20, and the shorter length recent AB=CD terminates around 72, and the previous swing low was 71.90, I raised the target to 72.
I expect to get a bounce there for a few days, and then go lower. So my plan is to capture profits at 72 then look for a pull back and a reversal of that pull back, at which point I'll get back in short.
I tightened my stop at 9am 1/14/20 before the hog market opens to 73.94
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