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Futopt Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

SUGAR #11 WORLD JULY 2024 PUT 1700 (ICE:@SB.N24.1700P)

Long-Term Downtrend (-90) - @SB.N24.1700P is in a strong downtrend that is likely to continue. While @SB.N24.1700P 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.N24.1700P?

MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N24.1700P.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@SB.N24.1700P
Open High Low @SB.N24.1700P Price Change
0.04 0.04 0.04 0.07 +0.03
Entry Signal

MarketClub’s Trade Triangles for @SB.N24.1700P

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @SB.N24.1700P

Based on our trend formula, @SB.N24.1700P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @SB.N24.1700P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04 0.04 0.04 0.07 +0.03
Prev. Close Volume Bid Ask Time
0.04 0 2024-03-18 04:30:00
52wk High0.3752wk High Date2024-01-02
52wk Low0.0352wk Low Date2023-11-29
Volatility0.31Strike Price17
Expiration2024-06-17
Get a free daily analysis and signals for SUGAR #11 WORLD JULY 2024 PUT 1700 (@SB.N24.1700P) - Request Your Free Report.