Free Daily Analysis

Futopt Trend Analysis Report

Prepared for you on Wednesday, June 16, 2021.

SOYBEAN MEAL Aug 2021 3600 Put (CBOT:OZM.Q21.3600P)

Long-Term Downtrend (-90) - OZM.Q21.3600P is in a strong downtrend that is likely to continue. While OZM.Q21.3600P 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 OZM.Q21.3600P?

MarketClub looks at technical strength and momentum to determine if the timing is right for OZM.Q21.3600P.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_OZM.Q21.3600P
Open High Low OZM.Q21.3600P Price Change
4.85 4.85 4.85 5.45 -2.40
Entry Signal

MarketClub’s Trade Triangles for OZM.Q21.3600P

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for OZM.Q21.3600P

Based on our trend formula, OZM.Q21.3600P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OZM.Q21.3600P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.85 4.85 4.85 5.45 -2.40
Prev. Close Volume Bid Ask Time
5.10 67 2021-06-16 13:01:40
Strike Price3.6Expiration2021-07-23
Open Time20:00Close Time14:20
Get a free daily analysis and signals for SOYBEAN MEAL Aug 2021 3600 Put (OZM.Q21.3600P) - Request Your Free Report.