Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
LIVE CATTLE Oct 2022 (CME:LE.V22)
Countertrend Up (+85) - LE.V22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LE.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.V22
The long-term trend has been UP since Jun 4th, 2021 at 131.650
The intermediate-term trend has been UP since Oct 5th, 2021 at 132.975
The short-term trend has been DOWN since Oct 22nd, 2021 at 133.875
Smart Scan Analysis for LE.V22
Based on our trend formula, LE.V22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).