Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
LEAN HOGS Oct 2021 (CME:HE.V21)
Bear Market Rally (-75) - HE.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HE.V21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HE.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.V21
The long-term trend has been DOWN since Sep 13th, 2021 at 80.900
The intermediate-term trend has been UP since Sep 27th, 2021 at 89.975
The short-term trend has been DOWN since Oct 4th, 2021 at 90.550
Smart Scan Analysis for HE.V21
Based on our trend formula, HE.V21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).