Future Trend Analysis Report
Prepared for you on Monday, May 22, 2017.
LEAN HOGS Apr 2018 (E) (CME:HE.J18.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HE.J18.E
The long term trend has been UP since Nov 7th, 2016 at 64.950
The intermediate term trend has been UP since Apr 25th, 2017 at 68.525
The short term trend has been DOWN since May 11th, 2017 at 69.475
Smart Scan Analysis for HE.J18.E
Based on a pre-defined weighted trend formula for chart analysis, HE.J18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||70.15||Contract High Date||2017-05-01|
|Contract Low||63.75||Contract Low Date||2016-10-25|
|Open Time||09:30||Close Time||14:05|