Future Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
LIVE CATTLE Aug 2020 (CME:LE.Q20)
Sidelines Mode (+55) - LE.Q20 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.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.Q20
The long-term trend has been DOWN since Jan 30th, 2020 at 109.475
The intermediate-term trend has been UP since May 1st, 2020 at 93.675
The short-term trend has been DOWN since May 12th, 2020 at 97.075
Smart Scan Analysis for LE.Q20
Based on our trend formula, LE.Q20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).