Future Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
LIVE CATTLE Apr 2020 (CME:LE.J20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.J20
The long term trend has been UP since Oct 9th, 2019 at 120.225
The intermediate term trend has been UP since Sep 11th, 2019 at 113.950
The short term trend has been DOWN since Dec 2nd, 2019 at 125.950
Smart Scan Analysis for LE.J20
Based on a pre-defined weighted trend formula for chart analysis, LE.J20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).