Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
LIVE CATTLE Dec 2020 (CME:LE.Z20)
Strong Downtrend (-100) - LE.Z20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LE.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.Z20
The long-term trend has been DOWN since Oct 22nd, 2020 at 103.325
The intermediate-term trend has been DOWN since Oct 13th, 2020 at 109.800
The short-term trend has been DOWN since Oct 12th, 2020 at 111.575
Smart Scan Analysis for LE.Z20
Based on our trend formula, LE.Z20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).