Futopt Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
CORN Dec 2023 5000 Call (CBOT:OZC.Z23.5000C)
Long-Term Downtrend (-90) - OZC.Z23.5000C is in a strong downtrend that is likely to continue. While OZC.Z23.5000C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OZC.Z23.5000C?
MarketClub looks at technical strength and momentum to determine if the timing is right for OZC.Z23.5000C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OZC.Z23.5000C
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for OZC.Z23.5000C
Based on our trend formula, OZC.Z23.5000C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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