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Spread Trend Analysis Report

Prepared for you on Wednesday, June 16, 2021.

LIVE CATTLE Aug 2021/HE Spread (CME:LE.Q21_HE.Q21)

Weak Downtrend (-65) - LE.Q21_HE.Q21 is showing signs of a strengthening downtrend. Monitor LE.Q21_HE.Q21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid LE.Q21_HE.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Q21_HE.Q21.

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

CME_LE.Q21_HE.Q21
Open High Low LE.Q21_HE.Q21 Price Change
7.250 9.500 7.225 9.200 +3.250
Entry Signal

MarketClub’s Trade Triangles for LE.Q21_HE.Q21

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.Q21_HE.Q21

Based on our trend formula, LE.Q21_HE.Q21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for LE.Q21_HE.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.250 9.500 7.225 9.200 +3.250
Prev. Close Volume Bid Ask Time
9.500 33 2021-06-15 17:28:41
Open Time09:30Close Time14:05
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