Lean Hogs Carry Higher as Price Approaches 361.8% Fib Extension

٨ يونيو ٢٠٢١

Lean hog prices have continued to surge higher. However, will negative divergences in the Relative Strength Index and MACD oscillators threaten the runaway rally? If not, the 361.8% Fibonacci extension may serve as the next technical barrier before targeting all-time highs.