Future Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
LIVE CATTLE Aug 2022 (CME:LE.Q22)
Countertrend Up (+85) - LE.Q22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LE.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.Q22
The long-term trend has been UP since Mar 5th, 2021 at 120.500
The intermediate-term trend has been UP since Jun 3rd, 2021 at 128.425
The short-term trend has been DOWN since Jun 17th, 2021 at 130.850
Smart Scan Analysis for LE.Q22
Based on our trend formula, LE.Q22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).