Futopt Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
SUGAR #11 WORLD MAY 2023 CALL 2400 (ICE:@SB.K23.2400C)
Long-Term Downtrend (-90) - @SB.K23.2400C is in a strong downtrend that is likely to continue. While @SB.K23.2400C 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 @SB.K23.2400C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K23.2400C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.K23.2400C
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 @SB.K23.2400C
Based on our trend formula, @SB.K23.2400C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).