Yeah, I'm pretty bullish long term for sure...I think we found the bottom of the trough in April of 2020 and we should be bullish from there for the next 7 years...

Immediate trend, we're at the median-line, when you get a zoom of the median line like we did in March, you have a good possibility of coming back to test the line. This is a natural place to see a pull back or a change of trend at this line.

Any pull back below that pivot near the 23% line on a closing basis would not be good...it would be a trend changer.
 
I would think the worse here would be a 19% pullback, but thinking 14% would be all we get...

Sp!ke

"In the hog market you can always expect the unexpected!" Long Bear