Future Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
LIVE CATTLE Aug 2019 (CME:LE.Q19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LE.Q19
The long term trend has been DOWN since Apr 26th, 2019 at 112.475
The intermediate term trend has been UP since Jul 5th, 2019 at 107.175
The short term trend has been DOWN since Jul 17th, 2019 at 107.575
Smart Scan Analysis for LE.Q19
Based on a pre-defined weighted trend formula for chart analysis, LE.Q19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).