Future Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
LEAN HOGS Apr 2020 (CME:HE.J20)
Bear Market Rally (-75) - HE.J20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HE.J20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HE.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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 Mar 31st, 2020 at 52.125
The short-term trend has been UP since Apr 8th, 2020 at 44.125
Smart Scan Analysis for HE.J20
Based on our trend formula, HE.J20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).