Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
LIVE CATTLE Feb 2020 (CME:LE.G20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 LE.G20
The long term trend has been DOWN since May 2nd, 2019 at 117.800
The intermediate term trend has been UP since Sep 13th, 2019 at 111.625
The short term trend has been UP since Sep 10th, 2019 at 108.275
Smart Scan Analysis for LE.G20
Based on a pre-defined weighted trend formula for chart analysis, LE.G20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).