Future Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
LEAN HOGS Oct 2023 (CME:HE.V23)
Weak Downtrend (-65) - HE.V23 is showing signs of a strengthening downtrend. Monitor HE.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HE.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.V23
The long-term trend has been UP since Aug 1st, 2023 at 86.25
The intermediate-term trend has been DOWN since Sep 29th, 2023 at 80.95
The short-term trend has been DOWN since Sep 29th, 2023 at 81.40
Smart Scan Analysis for HE.V23
Based on our trend formula, HE.V23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).