Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
FEEDER CATTLE Apr 2021 (CME:GF.J21)
Countertrend Down (-85) - GF.J21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GF.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.J21
The long-term trend has been DOWN since Apr 21st, 2021 at 135.025
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 139.375
The short-term trend has been UP since Apr 29th, 2021 at 134.775
Smart Scan Analysis for GF.J21
Based on our trend formula, GF.J21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).