Futopt Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
SUGAR #11 WORLD JULY 2024 CALL 1000 (ICE:@SB.N24.1000C)
Long-Term Downtrend (-90) - @SB.N24.1000C is in a strong downtrend that is likely to continue. While @SB.N24.1000C 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.N24.1000C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N24.1000C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N24.1000C
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.N24.1000C
Based on our trend formula, @SB.N24.1000C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).