Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
LIVE CATTLE Oct 2021 (CME:LE.V21)
Sidelines Mode (-55) - LE.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.V21
The long-term trend has been DOWN since Oct 1st, 2021 at 120.350
The intermediate-term trend has been UP since Oct 7th, 2021 at 125.050
The short-term trend has been DOWN since Oct 21st, 2021 at 124.875
Smart Scan Analysis for LE.V21
Based on our trend formula, LE.V21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).