Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
LIVE CATTLE Apr 2021 (CME:LE.J21)
Weak Downtrend (-65) - LE.J21 is showing signs of a strengthening downtrend. Monitor LE.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LE.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.J21
The long-term trend has been UP since Nov 10th, 2020 at 118.575
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 119.925
The short-term trend has been DOWN since Apr 30th, 2021 at 118.325
Smart Scan Analysis for LE.J21
Based on our trend formula, LE.J21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).