Future Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
LEAN HOGS Apr 2023 (CME:HE.J23)
Long-Term Downtrend (-90) - HE.J23 is in a strong downtrend that is likely to continue. While HE.J23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HE.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.J23
The long-term trend has been DOWN since Feb 1st, 2023 at 83.700
The intermediate-term trend has been DOWN since Jan 10th, 2023 at 89.575
The short-term trend has been DOWN since Feb 1st, 2023 at 85.000
Smart Scan Analysis for HE.J23
Based on our trend formula, HE.J23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).