Future Trend Analysis Report
Prepared for you on Thursday, February 25, 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 Feb 23rd, 2021 at 121.250
The short-term trend has been DOWN since Feb 18th, 2021 at 123.250
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).