Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
LIVE CATTLE TAS Dec 2021 (CME:LET.Z21)
Long-Term Downtrend (-90) - LET.Z21 is in a strong downtrend that is likely to continue. While LET.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LET.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LET.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LET.Z21
The long-term trend has been DOWN since May 13th, 2021 at -0.025
The intermediate-term trend has been DOWN since Apr 21st, 2021 at 0.025
The short-term trend has been DOWN since May 13th, 2021 at -0.025
Smart Scan Analysis for LET.Z21
Based on our trend formula, LET.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).