Future Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
LIVE CATTLE Oct 2018 (E) (CME:LE.V18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.V18.E
The long term trend has been DOWN since Mar 21st, 2018 at 108.375
The intermediate term trend has been UP since Jun 8th, 2018 at 108.325
The short term trend has been UP since Jun 18th, 2018 at 107.550
Smart Scan Analysis for LE.V18.E
Based on a pre-defined weighted trend formula for chart analysis, LE.V18.E scored +70 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|