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Future Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
LEAN HOGS Dec 2021 (CME:HE.Z21)
Countertrend Up (+85) - HE.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HE.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Z21.
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.Z21
The long-term trend has been UP since Oct 5th, 2020 at 62.000
The intermediate-term trend has been UP since Dec 22nd, 2020 at 64.925
The short-term trend has been DOWN since Jan 19th, 2021 at 68.275
Smart Scan Analysis for HE.Z21
Based on our trend formula, HE.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67.900 | 68.800 | 67.800 | 68.725 | +0.700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.575 | 508 | 2021-01-20 17:28:42 |
| Expiration | 2021-12-14 | Open Time | 09:30 |
| Close Time | 14:05 |