Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
FEEDER CATTLE Jan 2020 (CME:GF.F20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DOWN since Nov 22nd, 2019 at 140.725
The short term trend has been DOWN since Dec 2nd, 2019 at 141.800
Smart Scan Analysis for GF.F20
Based on a pre-defined weighted trend formula for chart analysis, GF.F20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).