Future Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
LEAN HOGS Dec 2019 (CME:HE.Z19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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.Z19
The long term trend has been UP since Aug 17th, 2018 at 58.825
The intermediate term trend has been DOWN since May 7th, 2019 at 80.500
The short term trend has been DOWN since Jun 21st, 2019 at 74.500
Smart Scan Analysis for HE.Z19
Based on a pre-defined weighted trend formula for chart analysis, HE.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).