Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
FEEDER CATTLE Jan 2020 (CME:GF.F20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GF.F20
The long term trend has been UP since Oct 14th, 2019 at 142.225
The intermediate term trend has been UP since Sep 18th, 2019 at 133.000
The short term trend has been DOWN since Oct 17th, 2019 at 140.325
Smart Scan Analysis for GF.F20
Based on a pre-defined weighted trend formula for chart analysis, GF.F20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).