Future Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
LIVE CATTLE Apr 2021 (CME:LE.J21)
Bull Market Weakness (+75) - LE.J21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.J21 as it may be in the beginning stages of a reversal.
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 DOWN since Feb 24th, 2020 at 118.650
The intermediate-term trend has been UP since Jul 2nd, 2020 at 111.275
The short-term trend has been UP since Jun 30th, 2020 at 110.100
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).