Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
LIVE CATTLE Apr 2022 (CME:LE.J22)
Sidelines Mode (+55) - LE.J22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LE.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.J22
The long-term trend has been UP since Nov 5th, 2020 at 118.0
The intermediate-term trend has been UP since Nov 5th, 2020 at 118.0
The short-term trend has been DOWN since Apr 13th, 2021 at 131.8
Smart Scan Analysis for LE.J22
Based on our trend formula, LE.J22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).