Future Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
LIVE CATTLE Feb 2019 (E) (CME:LE.G19.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 LE.G19.E
The long term trend has been DOWN since Apr 2nd, 2018 at 112.125
The intermediate term trend has been DOWN since May 14th, 2018 at 112.450
The short term trend has been UP since May 21st, 2018 at 112.300
Smart Scan Analysis for LE.G19.E
Based on a pre-defined weighted trend formula for chart analysis, LE.G19.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||119.45||Contract High Date||2018-03-06|
|Contract Low||109||Contract Low Date||2017-09-01|
|Open Time||09:30||Close Time||14:05|