Futopt Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
HARD RED WINTER WHEAT JULY 2023 PUT 5300 (KCBT:@KW.N23.5300P)
Long-Term Downtrend (-90) - @KW.N23.5300P is in a strong downtrend that is likely to continue. While @KW.N23.5300P 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 @KW.N23.5300P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.N23.5300P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.N23.5300P
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 @KW.N23.5300P
Based on our trend formula, @KW.N23.5300P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).