Future Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
LIVE CATTLE Apr 2020 (CME:LE.J20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.J20
The long term trend has been UP since Oct 9th, 2019 at 120.225
The intermediate term trend has been DOWN since Jan 16th, 2020 at 125.400
The short term trend has been DOWN since Jan 16th, 2020 at 126.900
Smart Scan Analysis for LE.J20
Based on a pre-defined weighted trend formula for chart analysis, LE.J20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).