Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
LIVE CATTLE Aug 2019 (CME:LE.Q19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LE.Q19
The long term trend has been UP since Jul 3rd, 2018 at 109.825
The intermediate term trend has been UP since Feb 8th, 2019 at 114.550
The short term trend has been UP since Feb 19th, 2019 at 114.725
Smart Scan Analysis for LE.Q19
Based on a pre-defined weighted trend formula for chart analysis, LE.Q19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).