Future Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
FEEDER CATTLE May 2018 (E) (CME:GF.K18.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 GF.K18.E
The long term trend has been DOWN since Mar 19th, 2018 at 139.20
The intermediate term trend has been DOWN since May 8th, 2018 at 137.15
The short term trend has been UP since May 23rd, 2018 at 134.25
Smart Scan Analysis for GF.K18.E
Based on a pre-defined weighted trend formula for chart analysis, GF.K18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||157.85||Contract High Date||2017-11-06|
|Contract Low||128.875||Contract Low Date||2018-04-04|
|Open Time||09:30||Close Time||14:05|