Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
LEAN HOGS Apr 2022 (CME:HE.J22)
Sidelines Mode (+55) - HE.J22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HE.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.J22
The long-term trend has been UP since Nov 9th, 2020 at 70.000
The intermediate-term trend has been UP since Apr 6th, 2021 at 80.900
The short-term trend has been DOWN since Apr 15th, 2021 at 81.175
Smart Scan Analysis for HE.J22
Based on our trend formula, HE.J22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).