Lean Hog: Inverted Hammer formed at Uptrend Support
Lean Hog is forming an Inverted Hammer at Uptrend Support. Wait for confirmation candle for the bullish reversal trade.
Heating Oil: Dragon Fly Doji at Support
Heating Oil shows a Dragon Fly Doji at the support of recent low. Potential Long trade with next candle confirmation. Also take note of the Descending Triangle at a longer time frame.
iShares Transportation Average ETF (IYT): Hanging Man
iShares Transportation Average ETF (IYT) is showing a Hanging Man potential reversal pattern at the uptrend channel resistance. This resistance is very close to the 200D SMA. Potential short candidate.
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