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