Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
LIVE CATTLE Jun 2021 (CME:LE.M21)
Sidelines Mode (+55) - LE.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LE.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.M21
The long-term trend has been UP since Nov 9th, 2020 at 111.975
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 118.150
The short-term trend has been UP since Mar 5th, 2021 at 118.075
Smart Scan Analysis for LE.M21
Based on our trend formula, LE.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).