Future Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
LEAN HOGS Aug 2022 (CME:HE.Q22)
Bull Market Weakness (+75) - HE.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HE.Q22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HE.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.Q22
The long-term trend has been DOWN since Jun 17th, 2021 at 87.450
The intermediate-term trend has been UP since Jul 12th, 2021 at 91.000
The short-term trend has been UP since Aug 2nd, 2021 at 91.225
Smart Scan Analysis for HE.Q22
Based on our trend formula, HE.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).