December lean hog (HEZ26) futures present a buying opportunity on more price strength.
See on the daily bar chart for December lean hog futures that recent price action has seen a rally from the August low. Prices this week hit a four-week high as bulls are working on a price uptrend. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish posture as the blue MACD line is above the red trigger line, and both lines are trending up.
