Future Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
LIVE CATTLE Feb 2019 (CME:LE.G19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 LE.G19
The long term trend has been UP since Jul 2nd, 2018 at 116.600
The intermediate term trend has been UP since Dec 4th, 2018 at 121.625
The short term trend has been DOWN since Jan 22nd, 2019 at 126.225
Smart Scan Analysis for LE.G19
Based on a pre-defined weighted trend formula for chart analysis, LE.G19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).