Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
LIVE CATTLE Oct 2021 (CME:LE.V21)
Bull Market Weakness (+75) - LE.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LE.V21 as it may be in the beginning stages of a reversal.
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 Mar 8th, 2021 at 122.175
The short-term trend has been DOWN since Apr 9th, 2021 at 125.700
Smart Scan Analysis for LE.V21
Based on our trend formula, LE.V21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).