Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
LIVE CATTLE Oct 2022 (CME:LE.V22)
Bear Market Rally (-75) - LE.V22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LE.V22 as it may be in the beginning of a reversal.
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 DOWN since May 12th, 2022 at 140.025
The intermediate-term trend has been DOWN since Jun 30th, 2022 at 138.525
The short-term trend has been UP since Jul 1st, 2022 at 140.675
Smart Scan Analysis for LE.V22
Based on our trend formula, LE.V22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).