Future Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
LIVE CATTLE Apr 2019 (CME:LE.J19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.J19
The long term trend has been UP since Jul 2nd, 2018 at 117.575
The intermediate term trend has been UP since Apr 22nd, 2019 at 128.600
The short term trend has been UP since Apr 11th, 2019 at 126.550
Smart Scan Analysis for LE.J19
Based on a pre-defined weighted trend formula for chart analysis, LE.J19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).