Future Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
FEEDER CATTLE Sep 2018 (E) (CME:GF.U18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.U18.E
The long term trend has been DOWN since Dec 6th, 2017 at 145.500
The intermediate term trend has been DOWN since May 8th, 2018 at 142.975
The short term trend has been UP since May 21st, 2018 at 139.900
Smart Scan Analysis for GF.U18.E
Based on a pre-defined weighted trend formula for chart analysis, GF.U18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||157.35||Contract High Date||2017-11-06|
|Contract Low||136.625||Contract Low Date||2018-04-04|
|Open Time||09:30||Close Time||14:05|