Future Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
FEEDER CATTLE Sep 2021 (CME:GF.U21)
Countertrend Up (+85) - GF.U21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GF.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.U21
The long-term trend has been UP since Nov 3rd, 2020 at 142.700
The intermediate-term trend has been UP since Mar 5th, 2021 at 155.550
The short-term trend has been DOWN since Apr 9th, 2021 at 160.325
Smart Scan Analysis for GF.U21
Based on our trend formula, GF.U21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).