Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
FEEDER CATTLE Nov 2021 (CME:GF.X21)
Countertrend Up (+85) - GF.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GF.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GF.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GF.X21
The long-term trend has been UP since Jul 6th, 2021 at 164.025
The intermediate-term trend has been UP since Oct 7th, 2021 at 160.825
The short-term trend has been DOWN since Oct 14th, 2021 at 160.600
Smart Scan Analysis for GF.X21
Based on our trend formula, GF.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).