Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
FEEDER CATTLE Aug 2021 (CME:GF.Q21)
Long-Term Downtrend (-90) - GF.Q21 is in a strong downtrend that is likely to continue. While GF.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.Q21
The long-term trend has been DOWN since May 3rd, 2021 at 146.300
The intermediate-term trend has been DOWN since Apr 16th, 2021 at 154.000
The short-term trend has been DOWN since Apr 30th, 2021 at 147.975
Smart Scan Analysis for GF.Q21
Based on our trend formula, GF.Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).