Future Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
LIVE CATTLE Oct 2018 (E) (CME:LE.V18.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 positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for LE.V18.E
The long term trend has been UP since Jul 2nd, 2018 at 110.050
The intermediate term trend has been UP since Sep 12th, 2018 at 111.175
The short term trend has been DOWN since Sep 20th, 2018 at 112.800
Smart Scan Analysis for LE.V18.E
Based on a pre-defined weighted trend formula for chart analysis, LE.V18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||117.6||Contract High Date||2017-11-07|
|Contract Low||101.5||Contract Low Date||2018-05-17|
|Open Time||09:30||Close Time||14:05|