Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
LIVE CATTLE Oct 2020 (CME:LE.V20)
Bull Market Weakness (+75) - LE.V20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.V20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LE.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.V20
The long-term trend has been DOWN since Feb 6th, 2020 at 111.925
The intermediate-term trend has been UP since May 1st, 2020 at 99.300
The short-term trend has been UP since May 26th, 2020 at 101.625
Smart Scan Analysis for LE.V20
Based on our trend formula, LE.V20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).