Future Trend Analysis Report
Prepared for you on Tuesday, October 22, 2019.
LEAN HOGS Jun 2020 (CME:HE.M20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.M20
The long term trend has been UP since Sep 25th, 2019 at 92.400
The intermediate term trend has been UP since Oct 14th, 2019 at 92.750
The short term trend has been DOWN since Oct 18th, 2019 at 92.775
Smart Scan Analysis for HE.M20
Based on a pre-defined weighted trend formula for chart analysis, HE.M20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).