Future Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
FEEDER CATTLE Nov 2019 (CME:GF.X19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GF.X19
The long term trend has been UP since Oct 9th, 2019 at 143.975
The intermediate term trend has been UP since Sep 17th, 2019 at 134.900
The short term trend has been DOWN since Nov 13th, 2019 at 146.400
Smart Scan Analysis for GF.X19
Based on a pre-defined weighted trend formula for chart analysis, GF.X19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).