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Spread Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

LIVE CATTLE Dec 2022/Jun 2023 Spread (CME:LE.Z22_M23)

Long-Term Downtrend (-90) - LE.Z22_M23 is in a strong downtrend that is likely to continue. While LE.Z22_M23 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.Z22_M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Z22_M23.

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

CME_LE.Z22_M23
Open High Low LE.Z22_M23 Price Change
-2.625 -2.200 -2.625 -2.425 0
Entry Signal

MarketClub’s Trade Triangles for LE.Z22_M23

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.Z22_M23

Based on our trend formula, LE.Z22_M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LE.Z22_M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.625 -2.200 -2.625 -2.425 0
Prev. Close Volume Bid Ask Time
-2.425 39 2022-08-19 14:03:59
Open Time09:30Close Time14:05
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