Future Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
LIVE CATTLE TAS Apr 2020 (CME:LET.J20)
Weak Downtrend (-65) - LET.J20 is showing signs of a strengthening downtrend. Monitor LET.J20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LET.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LET.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LET.J20
The long-term trend has been DOWN since Jan 16th, 2020 at -0.050
The intermediate-term trend has been UP since Feb 14th, 2020 at 0.025
The short-term trend has been DOWN since Feb 20th, 2020 at -0.025
Smart Scan Analysis for LET.J20
Based on our trend formula, LET.J20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).