Futopt Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
SOYBEAN MEAL Dec 2021 3500 Put (CBOT:OZM.Z21.3500P)
Long-Term Downtrend (-90) - OZM.Z21.3500P is in a strong downtrend that is likely to continue. While OZM.Z21.3500P 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.Z21.3500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for OZM.Z21.3500P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OZM.Z21.3500P
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 OZM.Z21.3500P
Based on our trend formula, OZM.Z21.3500P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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