Future Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
LIVE CATTLE Jun 2018 (E) (CME:LE.M18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.M18.E
The long term trend has been DOWN since Jan 9th, 2018 at 110.85
The intermediate term trend has been UP since Jun 5th, 2018 at 106.85
The short term trend has been DOWN since Jun 15th, 2018 at 105.70
Smart Scan Analysis for LE.M18.E
Based on a pre-defined weighted trend formula for chart analysis, LE.M18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||121.525||Contract High Date||2017-11-07|
|Contract Low||96.4||Contract Low Date||2017-03-07|
|Open Time||09:30||Close Time||14:05|