Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
LIVE CATTLE Jun 2021/Apr 2022 Spread (CME:LE.M21_J22)
Strong Downtrend (-100) - LE.M21_J22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LE.M21_J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M21_J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for LE.M21_J22
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.M21_J22
Based on our trend formula, LE.M21_J22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -14.100 | -13.400 | -14.375 | -14.375 | -0.125 |
| Prev. Close | Volume | Bid | Ask | Time |
| -14.250 | 63 | 2021-04-22 14:02:29 |
| Open Time | 09:30 | Close Time | 14:05 |