Future Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
LIVE CATTLE Apr 2020 (CME:LE.J20)
Strong Downtrend (-100) - LE.J20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LE.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.J20
The long-term trend has been DOWN since Feb 3rd, 2020 at 119.25
The intermediate-term trend has been DOWN since Jan 16th, 2020 at 125.40
The short-term trend has been DOWN since Mar 27th, 2020 at 104.25
Smart Scan Analysis for LE.J20
Based on our trend formula, LE.J20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).