Futopt Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
SUGAR #11 WORLD MAY 2023 PUT 850 (ICE:@SB.K23.850P)
Strong Downtrend (-100) - @SB.K23.850P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @SB.K23.850P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.K23.850P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K23.850P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.K23.850P
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.K23.850P
Based on our trend formula, @SB.K23.850P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).