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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.
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MarketClub’s Trade Triangles for HE.Q24
The long-term trend has been DOWN since Oct 24th, 2023 at 91.125
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 93.775
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).
| 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 |
| Expiration | 2024-08-14 | Open Time | 09:30 |
| Close Time | 14:05 |