Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
LIVE CATTLE Aug 2022 (CME:LE.Q22)
Bull Market Weakness (+75) - LE.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.Q22 as it may be in the beginning stages of a reversal.
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 DOWN since Jan 24th, 2022 at 135.725
The short-term trend has been UP since Jan 28th, 2022 at 136.525
Smart Scan Analysis for LE.Q22
Based on our trend formula, LE.Q22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).