Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
FEEDER CATTLE May 2021 (CME:GF.K21)
Long-Term Downtrend (-90) - GF.K21 is in a strong downtrend that is likely to continue. While GF.K21 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 GF.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.K21
The long-term trend has been DOWN since Oct 7th, 2020 at 137.450
The intermediate-term trend has been DOWN since Aug 24th, 2020 at 143.000
The short-term trend has been DOWN since Sep 30th, 2020 at 139.925
Smart Scan Analysis for GF.K21
Based on our trend formula, GF.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).