Future Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
LIVE CATTLE Aug 2018 (E) (CME:LE.Q18.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.Q18.E
The long term trend has been DOWN since Mar 19th, 2018 at 107.500
The intermediate term trend has been DOWN since May 14th, 2018 at 102.575
The short term trend has been UP since May 21st, 2018 at 101.025
Smart Scan Analysis for LE.Q18.E
Based on a pre-defined weighted trend formula for chart analysis, LE.Q18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||117.925||Contract High Date||2017-11-07|
|Contract Low||97.625||Contract Low Date||2018-04-04|
|Open Time||09:30||Close Time||14:05|