#HE1! Lean hogs have experienced very weak price action over the past several weeks, with buyers failing to capitalize on what initially looked like a constructive bull flag. Instead of breaking higher, last week's bearish engulfing candle completely overwhelmed multiple weeks of consolidation within the flag, signaling that sellers had regained control. The subsequent loss of both the 50 EMA and 200 EMA further weakened the technical picture, and this week's bearish continuation candle reinforces the downside momentum. While price remains within a broader symmetrical triangle, the next area to watch is ascending support, where buyers may attempt to defend the trend with a pivot low reversal. Until that happens, however, there is no high-probability long setup, and patience remains the higher-probability approach. $TSN $HRL $SAFM $PPC $CALM $BG $ADM $ANDE $LE $GF $VITL $LOCL