Pig outlook: fundamentals improving but futures continue to languish

Read analysis of the latest market trends from Jim Wyckoff.
calendar icon 7 August 2020
clock icon 4 minute read
Bears still have firm overall near-term technical advantage but a price downtrend has stalled out. Recent sideways price action could be "basing" that kicks off a price uptrend. A push in prices above resistance at the July high would be a chart clue to better suggest a market bottom is in place.
Bears still have firm overall near-term technical advantage but a price downtrend has stalled out. Recent sideways price action could be "basing" that kicks off a price uptrend. A push in prices above resistance at the July high would be a chart clue to better suggest a market bottom is in place.
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