Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
LIVE CATTLE TAS Jun 2020 (CME:LET.M20)
Sidelines Mode (-55) - LET.M20 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 LET.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LET.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LET.M20
The long-term trend has been UP since Feb 5th, 2020 at 0.025
The intermediate-term trend has been DOWN since Feb 24th, 2020 at -0.025
The short-term trend has been UP since May 26th, 2020 at 0.075
Smart Scan Analysis for LET.M20
Based on our trend formula, LET.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).