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Future Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

LIVE CATTLE Oct 2017 (E) (CME:LE.V17.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_LE.V17.E
Open High Low LE.V17.E Price Change
108.250 108.250 105.825 105.850 -2.475
Entry Signal

MarketClub’s Trade Triangles for LE.V17.E

long term down The long term trend has been DOWN since Aug 7th, 2017 at 111.150

intermediate term down The intermediate term trend has been DOWN since Jul 31st, 2017 at 111.725

short term up The short term trend has been UP since Aug 16th, 2017 at 109.575

Smart Scan Analysis for LE.V17.E

Based on a pre-defined weighted trend formula for chart analysis, LE.V17.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for LE.V17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.250 108.250 105.825 105.850 -2.475
Prev. Close Volume Bid Ask Time
108.525 16899 2017-08-17 12:56:57
Contract High122.85Contract High Date2017-06-06
Contract Low91.75Contract Low Date2016-10-13
Estimated Volume2918Expiration2017-10-31
Open Time09:30Close Time14:05
Want to analyze LIVE CATTLE Oct 2017 (E) LE.V17.E or another symbol? Try our Free Future Trend Analysis Report.