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Lean Hogs update 6/6/23

Lean Hogs update 6/6/23
Photo by Dan Renco / Unsplash


From last week,

Use 82.50 as the swing point for the week.
Above it, look for 38.2% back to the contract high at 87.58, this is also a major Gann square, this is the long term swing point. Provided this gets taken out, you can then look for 61.8% at 96.39, this is also a major Gann square.

The rally from the long term retracement at 75.65 is right at the upside target of 38.2% and the major Gann square of 87.58.

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