Future Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
LEAN HOGS May 2019 (E) (CME:HE.K19.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.K19.E
The long term trend has been UP since Aug 20th, 2018 at 73.500
The intermediate term trend has been UP since Oct 26th, 2018 at 76.500
The short term trend has been DOWN since Nov 27th, 2018 at 76.025
Smart Scan Analysis for HE.K19.E
Based on a pre-defined weighted trend formula for chart analysis, HE.K19.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||78.05||Contract High Date||2017-12-29|
|Contract Low||65.075||Contract Low Date||2018-07-11|
|Open Time||09:30||Close Time||14:05|