Lean Hogs Weekly Forecast

This/Next Week Forecast (August 1 – 5, 2022)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 97,10, which will be followed by moving up to resistance level 100 and 109,925.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 92,650, which will be followed by moving down to support level 86,825.

Monthly Forecast, August 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 97,10, which will be followed by moving up to resistance level 109,925.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 92,650, which will be followed by moving down to support level 83,300.

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