Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
LIVE CATTLE Jun 2022 (CME:LE.M22)
Bull Market Weakness (+75) - LE.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LE.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.M22
The long-term trend has been UP since Jan 13th, 2021 at 118.700
The intermediate-term trend has been UP since Oct 7th, 2021 at 131.975
The short-term trend has been DOWN since Oct 21st, 2021 at 132.150
Smart Scan Analysis for LE.M22
Based on our trend formula, LE.M22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).