Future Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
FEEDER CATTLE Jan 2021 (CME:GF.F21)
Bull Market Weakness (+75) - GF.F21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GF.F21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GF.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.F21
The long-term trend has been DOWN since Oct 12th, 2020 at 132.750
The intermediate-term trend has been UP since Nov 4th, 2020 at 135.000
The short-term trend has been UP since Nov 24th, 2020 at 138.375
Smart Scan Analysis for GF.F21
Based on our trend formula, GF.F21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).