Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
FEEDER CATTLE May 2023 (CME:GF.K23)
Sidelines Mode (+55) - GF.K23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GF.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.K23
The long-term trend has been UP since Jan 4th, 2023 at 193.500
The intermediate-term trend has been UP since Feb 6th, 2023 at 194.875
The short-term trend has been DOWN since Mar 13th, 2023 at 203.175
Smart Scan Analysis for GF.K23
Based on our trend formula, GF.K23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).