Future Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
LIVE CATTLE Apr 2023 (CME:LE.J23)
Strong Uptrend (+100) - LE.J23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LE.J23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid LE.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.J23
The long-term trend has been UP since Nov 5th, 2021 at 144.400
The intermediate-term trend has been UP since Jan 30th, 2023 at 162.600
The short-term trend has been UP since Jan 30th, 2023 at 161.775
Smart Scan Analysis for LE.J23
Based on our trend formula, LE.J23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).