Future Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
LIVE CATTLE Jun 2017 (E) (CME:LE.M17.E)
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.M17.E
The long term trend has been UP since Dec 1st, 2016 at 102.95
The intermediate term trend has been UP since Feb 22nd, 2017 at 106.65
The short term trend has been UP since May 26th, 2017 at 124.35
Smart Scan Analysis for LE.M17.E
Based on a pre-defined weighted trend formula for chart analysis, LE.M17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||134.55||Contract High Date||2017-05-04|
|Contract Low||91.3||Contract Low Date||2016-10-13|
|Open Time||09:30||Close Time||14:05|