Future Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
LEAN HOGS Aug 2019 (CME:HE.Q19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.Q19
The long term trend has been DOWN since Feb 7th, 2019 at 78.075
The intermediate term trend has been DOWN since Dec 17th, 2018 at 82.500
The short term trend has been UP since Feb 12th, 2019 at 79.200
Smart Scan Analysis for HE.Q19
Based on a pre-defined weighted trend formula for chart analysis, HE.Q19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).