Future Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
LIVE CATTLE Aug 2021 (CME:LE.Q21)
Bull Market Weakness (+75) - LE.Q21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.Q21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LE.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.Q21
The long-term trend has been UP since Nov 9th, 2020 at 110.500
The intermediate-term trend has been UP since May 10th, 2021 at 120.125
The short-term trend has been DOWN since May 13th, 2021 at 118.425
Smart Scan Analysis for LE.Q21
Based on our trend formula, LE.Q21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).