Market Outlook: Lean Hogs
The market outlook chart uses historic price data to build a road map for Lean Hogs. Specifically, it focuses only on those years that have a high correlation against the current year. This selective, high correlation data is then normalized, weighted, and combined together to form an index for the underlying market. The index then provides a market outlook pointing out major trends and key turning points, for the remainder of the year. The outlook will change over time as it dynamically adjusts to new data.
Market Outlook Chart Highlights:
- The green line represents the price outlook based on the market index
- The data used to construct the index is based on the years listed in the top header.
- The grey line represents the current YTD price data.
- The correlation between the current year and the market index is located on the second header.
Market Outlook: Lean Hogs
Signals are NOT buy/sell recommendations. Our information is strictly provided for educational purposes only. As always, trade at your own risk and analysis.
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