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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.

CME_LE.J20
Open High Low LE.J20 Price Change
126.900 127.475 126.725 127.150 -0.100
Entry Signal

MarketClub’s Trade Triangles for LE.J20

long term up The long term trend has been UP since Oct 9th, 2019 at 120.225

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2020 at 125.400

short term down 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).

-70
Smart Scan Analysis for LE.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.900 127.475 126.725 127.150 -0.100
Prev. Close Volume Bid Ask Time
127.525 17173 2020-01-21 17:28:21
Expiration2020-04-30Open Time09:30
Close Time14:05
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