Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
FEEDER CATTLE Apr 2021 (CME:GF.J21)
Countertrend Up (+85) - GF.J21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GF.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.J21
The long-term trend has been UP since Dec 1st, 2020 at 142.70
The intermediate-term trend has been UP since Mar 18th, 2021 at 145.40
The short-term trend has been DOWN since Apr 9th, 2021 at 146.05
Smart Scan Analysis for GF.J21
Based on our trend formula, GF.J21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).