Spread Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
LIVE CATTLE Feb 2023/HE Spread (CME:LE.G23_HE.G23)
Long-Term Downtrend (-90) - LE.G23_HE.G23 is in a strong downtrend that is likely to continue. While LE.G23_HE.G23 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 LE.G23_HE.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.G23_HE.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.G23_HE.G23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for LE.G23_HE.G23
Based on our trend formula, LE.G23_HE.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||09:30||Close Time||14:05|