Future Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
LEAN HOGS Dec 2019 (E) (CME:HE.Z19.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.Z19.E
The long term trend has been UP since Aug 17th, 2018 at 58.825
The intermediate term trend has been UP since Nov 12th, 2018 at 61.500
The short term trend has been UP since Nov 29th, 2018 at 63.050
Smart Scan Analysis for HE.Z19.E
Based on a pre-defined weighted trend formula for chart analysis, HE.Z19.E scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||63.4||Contract High Date||2018-11-29|
|Contract Low||54.325||Contract Low Date||2018-07-11|
|Open Time||09:30||Close Time||14:05|