Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
LEAN HOGS Apr 2020 (CME:HE.J20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.J20
The long term trend has been DOWN since Aug 1st, 2019 at 76.625
The intermediate term trend has been DOWN since Jan 6th, 2020 at 75.000
The short term trend has been UP since Jan 23rd, 2020 at 74.900
Smart Scan Analysis for HE.J20
Based on a pre-defined weighted trend formula for chart analysis, HE.J20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).