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Spread Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

LIVE CATTLE Apr 2020/Jun 2020 Spread (CME:LE.J20_M20)

Long-Term Downtrend (-90) - LE.J20_M20 is in a strong downtrend that is likely to continue. While LE.J20_M20 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.J20_M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J20_M20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_LE.J20_M20
Open High Low LE.J20_M20 Price Change
6.350 6.400 1.925 2.950 -4.525
Entry Signal

MarketClub’s Trade Triangles for LE.J20_M20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for LE.J20_M20

Based on our trend formula, LE.J20_M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LE.J20_M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.350 6.400 1.925 2.950 -4.525
Prev. Close Volume Bid Ask Time
9.125 2970 2020-04-06 17:28:20
Open Time09:30Close Time14:05
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