Lean Hogs Bullish Butterfly

2017년 3월 27일

July Lean Hogs had a couple of days of craziness and seems to have settled down a little after H&S fall. It has met the 74.225 H&S target, and crashed through that today. Left a good strong bar down. Next downside target at 72.45, and double bottom at 67. New setup is a bullish butterfly.

2017년 3월 28일

노트

Hogs continues its downward decent. Looking for 72.40 next target. Because of the candle made today, caution should be noted. Equal ends of the candle suggests a pull both ways by bulls and bears. RSI is oversold.

2017년 3월 29일

노트

Hogs down again. Moving toward 72.40

2017년 4월 5일

노트

Another step down for hogs breaking 72.40 and closing in on the bullish butterfly at 71.500. After that we would be into a butterfly extension.

2017년 4월 11일

노트

Hogs has created a bearish flag yesterday and is trying to sell to complete Bullish butterfly. Next downside target is 73.00