Future Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
LEAN HOGS Feb 2020 (CME:HE.G20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.G20
The long term trend has been UP since Aug 16th, 2018 at 61.000
The intermediate term trend has been DOWN since May 6th, 2019 at 83.325
The short term trend has been DOWN since May 23rd, 2019 at 83.750
Smart Scan Analysis for HE.G20
Based on a pre-defined weighted trend formula for chart analysis, HE.G20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).