Future Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
LIVE CATTLE Feb 2022 (CME:LE.G22)
Bull Market Weakness (+75) - LE.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.G22 as it may be in the beginning stages of a reversal.
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 UP since Nov 9th, 2020 at 117.6
The intermediate-term trend has been UP since Dec 27th, 2021 at 139.9
The short-term trend has been UP since Jan 11th, 2022 at 137.7
Smart Scan Analysis for LE.G22
Based on our trend formula, LE.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).