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Future Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

LEAN HOGS Aug 2024 (CME:HE.Q24)

Long-Term Downtrend (-90) - HE.Q24 is in a strong downtrend that is likely to continue. While HE.Q24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HE.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Q24.

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

CME_HE.Q24
Open High Low HE.Q24 Price Change
95.225 95.225 93.450 93.900 -1.750
Entry Signal

MarketClub’s Trade Triangles for HE.Q24

long term down The long-term trend has been DOWN since Oct 24th, 2023 at 91.125

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 93.775

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 94.675

Smart Scan Analysis for HE.Q24

Based on our trend formula, HE.Q24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HE.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.225 95.225 93.450 93.900 -1.750
Prev. Close Volume Bid Ask Time
93.950 3369 2023-12-07 17:28:39
Expiration2024-08-14Open Time09:30
Close Time14:05
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