Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
LIVE CATTLE TAS Dec 2023 (CME:LET.Z23)
Strong Downtrend (-100) - LET.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LET.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LET.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LET.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LET.Z23
The long-term trend has been DOWN since Oct 23rd, 2023 at -0.025
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at -0.025
The short-term trend has been DOWN since Aug 17th, 2023 at 0.025
Smart Scan Analysis for LET.Z23
Based on our trend formula, LET.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).