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“End of week and end of month today may result in some short covering, but the technical action the second half of the week is bearish,” the Hightower Report said. “The market now has to build a new technical base if it is going to launch another rally as the near-term bull trend has ended as bearish August seasonals approach.”
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“Commodity pressure continues today with crude oil still sinking, and that may result in additional (hog market) weakness this morning, but th…
In weighted average negotiated prices for barrows and gilts, the USDA reported:
“Momentum studies are trending higher but have entered overbought levels. The market’s close above the nine-day moving average suggests the sh…
In weighted average negotiated prices for barrows and gilts, the USDA reported:
“Commodity pressure continues today with crude oil still sinking, and that may result in additional weakness this morning, but the intermediat…
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