Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
LIVE CATTLE Feb 2022 (CME:LE.G22)
Sidelines Mode (+55) - LE.G22 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 LE.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.G22
The long-term trend has been UP since Nov 9th, 2020 at 117.600
The intermediate-term trend has been UP since Oct 7th, 2021 at 133.775
The short-term trend has been DOWN since Oct 21st, 2021 at 134.550
Smart Scan Analysis for LE.G22
Based on our trend formula, LE.G22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).