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Futopt Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

WHEAT May 2020 5800 Call (CBOT:OZW.K20.5800C)

Long-Term Downtrend (-90) - OZW.K20.5800C is in a strong downtrend that is likely to continue. While OZW.K20.5800C 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 OZW.K20.5800C?

MarketClub looks at technical strength and momentum to determine if the timing is right for OZW.K20.5800C.

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

CBOT_OZW.K20.5800C
Open High Low OZW.K20.5800C Price Change
6.250 7.625 6.250 7.625 +2.375
Entry Signal

MarketClub’s Trade Triangles for OZW.K20.5800C

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 OZW.K20.5800C

Based on our trend formula, OZW.K20.5800C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OZW.K20.5800C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.250 7.625 6.250 7.625 +2.375
Prev. Close Volume Bid Ask Time
12.375 126 2020-04-06 04:09:15
Strike Price580Expiration2020-04-24
Open Time20:00Close Time14:20
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