Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
LIVE CATTLE Oct 2022 (CME:LE.V22)
Sidelines Mode (+55) - LE.V22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LE.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.V22
The long-term trend has been DOWN since May 12th, 2022 at 140.025
The intermediate-term trend has been UP since Jul 22nd, 2022 at 141.825
The short-term trend has been DOWN since Aug 9th, 2022 at 143.300
Smart Scan Analysis for LE.V22
Based on our trend formula, LE.V22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).