Future Trend Analysis Report
Prepared for you on Saturday, June 24, 2017.
LIVE CATTLE Oct 2017 (E) (CME:LE.V17.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.V17.E
The long term trend has been UP since Jan 9th, 2017 at 100.700
The intermediate term trend has been DOWN since Jun 15th, 2017 at 114.125
The short term trend has been DOWN since Jun 7th, 2017 at 118.650
Smart Scan Analysis for LE.V17.E
Based on a pre-defined weighted trend formula for chart analysis, LE.V17.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||122.85||Contract High Date||2017-06-06|
|Contract Low||91.75||Contract Low Date||2016-10-13|
|Open Time||09:30||Close Time||14:05|