Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
LEAN HOGS Jun 2020 (CME:HE.M20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.M20
The long term trend has been DOWN since Dec 2nd, 2019 at 84.250
The intermediate term trend has been DOWN since Jan 6th, 2020 at 86.550
The short term trend has been UP since Jan 15th, 2020 at 87.225
Smart Scan Analysis for HE.M20
Based on a pre-defined weighted trend formula for chart analysis, HE.M20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).