Future Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
LIVE CATTLE Jun 2020 (CME:LE.M20)
Bear Market Rally (-75) - LE.M20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LE.M20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid LE.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.M20
The long-term trend has been DOWN since Jan 30th, 2020 at 111.250
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 117.425
The short-term trend has been UP since Apr 8th, 2020 at 87.400
Smart Scan Analysis for LE.M20
Based on our trend formula, LE.M20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).