Futopt Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
ORANGE JUICE - A SEPTEMBER 2020 PUT 8500 (ICE:@OJ.U20.8500P)
Long-Term Downtrend (-90) - @OJ.U20.8500P is in a strong downtrend that is likely to continue. While @OJ.U20.8500P 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 @OJ.U20.8500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @OJ.U20.8500P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @OJ.U20.8500P
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 @OJ.U20.8500P
Based on our trend formula, @OJ.U20.8500P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.2||52wk High Date||2020-03-09|
|52wk Low||0.55||52wk Low Date||2020-03-24|