Future Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
LEAN HOGS Oct 2018 (E) (CME:HE.V18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.V18.E
The long term trend has been UP since Oct 2nd, 2017 at 66.125
The intermediate term trend has been UP since Sep 8th, 2017 at 65.575
The short term trend has been DOWN since Oct 19th, 2017 at 66.925
Smart Scan Analysis for HE.V18.E
Based on a pre-defined weighted trend formula for chart analysis, HE.V18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||67.95||Contract High Date||2017-10-04|
|Contract Low||63.475||Contract Low Date||2017-08-30|
|Open Time||09:30||Close Time||14:05|