Future Trend Analysis Report
Prepared for you on Friday, September 25, 2020.
LIVE CATTLE Jun 2021 (CME:LE.M21)
Countertrend Up (+85) - LE.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LE.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.M21
The long-term trend has been UP since Jul 10th, 2020 at 107.550
The intermediate-term trend has been UP since Sep 14th, 2020 at 110.675
The short-term trend has been DOWN since Sep 21st, 2020 at 110.850
Smart Scan Analysis for LE.M21
Based on our trend formula, LE.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).