Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
LIVE CATTLE Feb 2020 (CME:LE.G20)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LE.G20
The long term trend has been UP since Oct 14th, 2019 at 118.400
The intermediate term trend has been UP since Sep 13th, 2019 at 111.625
The short term trend has been DOWN since Dec 2nd, 2019 at 125.625
Smart Scan Analysis for LE.G20
Based on a pre-defined weighted trend formula for chart analysis, LE.G20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).