Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
LEAN HOGS Apr 2021 (CME:HE.J21)
Sidelines Mode (-55) - HE.J21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HE.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.J21
The long-term trend has been DOWN since Nov 18th, 2019 at 76.000
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 65.275
The short-term trend has been UP since Aug 6th, 2020 at 65.725
Smart Scan Analysis for HE.J21
Based on our trend formula, HE.J21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).