Future Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
LIVE CATTLE Jun 2022 (CME:LE.M22)
Long-Term Uptrend (+90) - LE.M22 is in a strong uptrend that is likely to continue. While LE.M22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LE.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.M22
The long-term trend has been UP since Jan 13th, 2021 at 118.70
The intermediate-term trend has been UP since Jun 3rd, 2021 at 129.60
The short-term trend has been UP since Aug 3rd, 2021 at 134.45
Smart Scan Analysis for LE.M22
Based on our trend formula, LE.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).