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Spread Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

LIVE CATTLE Apr 2023/Aug 2023 Spread (CME:LE.J23_Q23)

Strong Downtrend (-100) - LE.J23_Q23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LE.J23_Q23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LE.J23_Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J23_Q23.

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

CME_LE.J23_Q23
Open High Low LE.J23_Q23 Price Change
5.325 5.325 4.925 4.925 -0.400
Entry Signal

MarketClub’s Trade Triangles for LE.J23_Q23

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.J23_Q23

Based on our trend formula, LE.J23_Q23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for LE.J23_Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.325 5.325 4.925 4.925 -0.400
Prev. Close Volume Bid Ask Time
4.925 58 2022-08-18 14:00:26
Open Time09:30Close Time14:05
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