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Future Trend Analysis Report

Prepared for you on Monday, February 6, 2023.

LEAN HOGS Aug 2023 (CME:HE.Q23)

Crossroads (+60) - HE.Q23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HE.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Q23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_HE.Q23
Open High Low HE.Q23 Price Change
103.850 104.675 103.450 104.675 +0.875
Entry Signal

MarketClub’s Trade Triangles for HE.Q23

long term up The long-term trend has been UP since Oct 31st, 2022 at 104.275

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2023 at 105.500

short term down The short-term trend has been DOWN since Feb 1st, 2023 at 103.050

Smart Scan Analysis for HE.Q23

Based on our trend formula, HE.Q23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HE.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.850 104.675 103.450 104.675 +0.875
Prev. Close Volume Bid Ask Time
103.675 2713 2023-02-03 14:04:52
Expiration2023-08-14Open Time09:30
Close Time14:05
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