Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
FEEDER CATTLE Oct 2021 (CME:GF.V21)
Bear Market Rally (-75) - GF.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GF.V21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GF.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.V21
The long-term trend has been DOWN since May 3rd, 2021 at 150.175
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 156.700
The short-term trend has been UP since May 10th, 2021 at 150.500
Smart Scan Analysis for GF.V21
Based on our trend formula, GF.V21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).