Future Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
LIVE CATTLE Apr 2024 (CME:LE.J24)
Bull Market Weakness (+75) - LE.J24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.J24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LE.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.J24
The long-term trend has been UP since Nov 21st, 2022 at 168.000
The intermediate-term trend has been UP since May 19th, 2023 at 179.025
The short-term trend has been DOWN since Jun 7th, 2023 at 185.050
Smart Scan Analysis for LE.J24
Based on our trend formula, LE.J24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).