Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
FEEDER CATTLE Nov 2023 (CME:GF.X23)
Strong Downtrend (-100) - GF.X23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GF.X23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GF.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.X23
The long-term trend has been DOWN since Oct 19th, 2023 at 246.70
The intermediate-term trend has been DOWN since Sep 27th, 2023 at 254.75
The short-term trend has been DOWN since Nov 6th, 2023 at 237.80
Smart Scan Analysis for GF.X23
Based on our trend formula, GF.X23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).