Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
LEAN HOGS Oct 2019 (CME:HE.V19)
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.V19
The long term trend has been DOWN since Jul 8th, 2019 at 68.650
The intermediate term trend has been DOWN since Aug 1st, 2019 at 67.425
The short term trend has been UP since Oct 9th, 2019 at 62.600
Smart Scan Analysis for HE.V19
Based on a pre-defined weighted trend formula for chart analysis, HE.V19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).