Future Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
LIVE CATTLE Aug 2021 (CME:LE.Q21)
Weak Uptrend (+65) - LE.Q21 is showing signs of weakening momentum to the upside. Monitor LE.Q21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LE.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.Q21
The long-term trend has been UP since Nov 9th, 2020 at 110.500
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 118.975
The short-term trend has been UP since May 7th, 2021 at 118.575
Smart Scan Analysis for LE.Q21
Based on our trend formula, LE.Q21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).