Future Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
LIVE CATTLE Oct 2021 (CME:LE.V21)
Long-Term Uptrend (+90) - LE.V21 is in a strong uptrend that is likely to continue. While LE.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Nov 9th, 2020 at 112.575
The intermediate-term trend has been UP since Nov 2nd, 2020 at 110.550
The short-term trend has been UP since Jan 12th, 2021 at 118.575
Smart Scan Analysis for LE.V21
Based on our trend formula, LE.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).