Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
LIVE CATTLE TAS Aug 2020 (CME:LET.Q20)
Bull Market Weakness (+75) - LET.Q20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LET.Q20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LET.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LET.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LET.Q20
The long-term trend has been UP since Mar 2nd, 2020 at 0.025
The intermediate-term trend has been DOWN since Jul 20th, 2020 at -0.025
The short-term trend has been UP since Jul 27th, 2020 at 0.025
Smart Scan Analysis for LET.Q20
Based on our trend formula, LET.Q20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).