Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
LEAN HOGS May 2019 (CME:HE.K19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.K19
The long term trend has been UP since Mar 15th, 2019 at 77.675
The intermediate term trend has been DOWN since Apr 29th, 2019 at 84.600
The short term trend has been UP since May 10th, 2019 at 83.775
Smart Scan Analysis for HE.K19
Based on a pre-defined weighted trend formula for chart analysis, HE.K19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).