Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
FEEDER CATTLE Jan 2020 (CME:GF.F20)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since May 3rd, 2019 at 145.65
The intermediate term trend has been UP since Jul 9th, 2019 at 138.55
The short term trend has been DOWN since Jul 15th, 2019 at 139.90
Smart Scan Analysis for GF.F20
Based on a pre-defined weighted trend formula for chart analysis, GF.F20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).