Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
LIVE CATTLE Feb 2022 (CME:LE.G22)
Strong Downtrend (-100) - LE.G22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LE.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.G22
The long-term trend has been DOWN since Oct 12th, 2020 at 114.475
The intermediate-term trend has been DOWN since Oct 7th, 2020 at 116.000
The short-term trend has been DOWN since Oct 6th, 2020 at 116.800
Smart Scan Analysis for LE.G22
Based on our trend formula, LE.G22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).