Future Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
LIVE CATTLE Dec 2021 (CME:LE.Z21)
Countertrend Up (+85) - LE.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.Z21
The long-term trend has been UP since Nov 9th, 2020 at 115.375
The intermediate-term trend has been UP since Nov 2nd, 2020 at 113.900
The short-term trend has been DOWN since Apr 13th, 2021 at 128.300
Smart Scan Analysis for LE.Z21
Based on our trend formula, LE.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).