Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
LIVE CATTLE Feb 2023 (CME:LE.G23)
Strong Downtrend (-100) - LE.G23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LE.G23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LE.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.G23
The long-term trend has been DOWN since May 20th, 2022 at 148.200
The intermediate-term trend has been DOWN since May 11th, 2022 at 151.875
The short-term trend has been DOWN since May 6th, 2022 at 153.725
Smart Scan Analysis for LE.G23
Based on our trend formula, LE.G23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).