Future Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
LIVE CATTLE TAS Aug 2019 (CME:LET.Q19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LET.Q19
The long term trend has been UP since Jun 10th, 2019 at 0.050
The intermediate term trend has been UP since Jun 10th, 2019 at 0.025
The short term trend has been UP since Jun 25th, 2019 at 0.025
Smart Scan Analysis for LET.Q19
Based on a pre-defined weighted trend formula for chart analysis, LET.Q19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).