Future Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
FEEDER CATTLE May 2024 (CME:GF.K24)
Sidelines Mode (+55) - GF.K24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GF.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.K24
The long-term trend has been UP since Jun 30th, 2023 at 254.6
The intermediate-term trend has been UP since Jun 30th, 2023 at 254.6
The short-term trend has been DOWN since Sep 21st, 2023 at 273.2
Smart Scan Analysis for GF.K24
Based on our trend formula, GF.K24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).