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Future Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

LIVE CATTLE Jun 2024 (CME:LE.M24)

Long-Term Downtrend (-90) - LE.M24 is in a strong downtrend that is likely to continue. While LE.M24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LE.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for LE.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_LE.M24
Open High Low LE.M24 Price Change
163.700 166.975 163.700 166.400 +2.850
Entry Signal

MarketClub’s Trade Triangles for LE.M24

long term down The long-term trend has been DOWN since Oct 23rd, 2023 at 179.950

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2023 at 189.025

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 173.225

Smart Scan Analysis for LE.M24

Based on our trend formula, LE.M24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LE.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.700 166.975 163.700 166.400 +2.850
Prev. Close Volume Bid Ask Time
163.550 8364 2023-12-08 14:04:58
Expiration2024-06-28Open Time09:30
Close Time14:05
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