Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
LIVE CATTLE Oct 2020 (CME:LE.V20)
Weak Downtrend (-65) - LE.V20 is showing signs of a strengthening downtrend. Monitor LE.V20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LE.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.V20
The long-term trend has been UP since Jul 13th, 2020 at 104.975
The intermediate-term trend has been DOWN since Oct 19th, 2020 at 106.800
The short-term trend has been DOWN since Oct 12th, 2020 at 109.025
Smart Scan Analysis for LE.V20
Based on our trend formula, LE.V20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).