Future Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
LIVE CATTLE Oct 2024 (CME:LE.V24)
Bull Market Weakness (+75) - LE.V24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.V24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LE.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.V24
The long-term trend has been UP since May 15th, 2023 at 174.550
The intermediate-term trend has been UP since May 15th, 2023 at 174.550
The short-term trend has been DOWN since Jun 8th, 2023 at 181.425
Smart Scan Analysis for LE.V24
Based on our trend formula, LE.V24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).