Future Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
LIVE CATTLE Oct 2019 (E) (CME:LE.V19.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.V19.E
The long term trend has been UP since Jun 6th, 2018 at 110.000
The intermediate term trend has been DOWN since Oct 12th, 2018 at 114.225
The short term trend has been DOWN since Nov 29th, 2018 at 114.200
Smart Scan Analysis for LE.V19.E
Based on a pre-defined weighted trend formula for chart analysis, LE.V19.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||116.1||Contract High Date||2018-10-02|
|Contract Low||106.4||Contract Low Date||2018-05-17|
|Open Time||09:30||Close Time||14:05|