Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
FEEDER CATTLE May 2021 (CME:GF.K21)
Countertrend Down (-85) - GF.K21 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.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.K21
The long-term trend has been DOWN since Apr 22nd, 2021 at 136.900
The intermediate-term trend has been DOWN since Apr 15th, 2021 at 144.200
The short-term trend has been UP since May 7th, 2021 at 133.075
Smart Scan Analysis for GF.K21
Based on our trend formula, GF.K21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).