Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
LEAN HOGS May 2020 (CME:HE.K20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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.K20
The long term trend has been UP since Oct 15th, 2019 at 89.150
The intermediate term trend has been UP since Oct 9th, 2019 at 88.525
The short term trend has been DOWN since Oct 18th, 2019 at 88.800
Smart Scan Analysis for HE.K20
Based on a pre-defined weighted trend formula for chart analysis, HE.K20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).