Future Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
LIVE CATTLE Dec 2018 (E) (CME:LE.Z18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.Z18.E
The long term trend has been UP since Jul 3rd, 2018 at 114.375
The intermediate term trend has been DOWN since Oct 10th, 2018 at 116.625
The short term trend has been UP since Oct 15th, 2018 at 117.600
Smart Scan Analysis for LE.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, LE.Z18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||119.75||Contract High Date||2018-10-01|
|Contract Low||105.8||Contract Low Date||2017-08-11|
|Open Time||09:30||Close Time||14:05|