Future Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
FEEDER CATTLE Nov 2020 (CME:GF.X20)
Bear Market Rally (-75) - GF.X20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GF.X20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GF.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.X20
The long-term trend has been DOWN since Oct 19th, 2020 at 133.225
The intermediate-term trend has been DOWN since Oct 6th, 2020 at 139.050
The short-term trend has been UP since Oct 27th, 2020 at 131.200
Smart Scan Analysis for GF.X20
Based on our trend formula, GF.X20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).