Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
LIVE CATTLE Feb 2022 (CME:LE.G22)
Long-Term Uptrend (+90) - LE.G22 is in a strong uptrend that is likely to continue. While LE.G22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 117.60
The intermediate-term trend has been UP since Nov 2nd, 2020 at 115.85
The short-term trend has been UP since Mar 24th, 2021 at 128.35
Smart Scan Analysis for LE.G22
Based on our trend formula, LE.G22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).