Future Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
FEEDER CATTLE May 2019 (E) (CME:GF.K19.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.K19.E
The long term trend has been UP since Jun 19th, 2018 at 144.875
The intermediate term trend has been DOWN since Oct 11th, 2018 at 151.100
The short term trend has been DOWN since Oct 4th, 2018 at 153.200
Smart Scan Analysis for GF.K19.E
Based on a pre-defined weighted trend formula for chart analysis, GF.K19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||155.35||Contract High Date||2018-10-02|
|Contract Low||143.275||Contract Low Date||2018-06-25|
|Open Time||09:30||Close Time||14:05|