Future Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
LEAN HOGS Oct 2018 (E) (CME:HE.V18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Mar 7th, 2018 at 67.575
The intermediate term trend has been DOWN since Jun 21st, 2018 at 60.500
The short term trend has been UP since Aug 10th, 2018 at 51.400
Smart Scan Analysis for HE.V18.E
Based on a pre-defined weighted trend formula for chart analysis, HE.V18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||71.5||Contract High Date||2018-02-26|
|Contract Low||47.825||Contract Low Date||2018-08-09|
|Open Time||09:30||Close Time||14:05|