October Lean Hogs have traded higher over the past three sessions and reached the downward sloping parallel line, on the fourth day. The corrective rally occurred after a confirmed TR pattern and sets up a potential swing trading opportunity. The market has trade above Monday’s sessions high and stalled at the parallel line. A trade below Monday’s session low would suggest the corrective rally is over and the market is poised to resume the downward trend. Check the latest issue of the TMV Swing Trade report for the latest recommendation.
