Futopt Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
HARD RED WINTER WHEAT DECEMBER 2022 PUT 8900 (KCBT:@KW.Z22.8900P)
Long-Term Downtrend (-90) - @KW.Z22.8900P is in a strong downtrend that is likely to continue. While @KW.Z22.8900P 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.Z22.8900P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.Z22.8900P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.Z22.8900P
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.Z22.8900P
Based on our trend formula, @KW.Z22.8900P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96||52wk High Date||2022-08-01|
|52wk Low||11||52wk Low Date||2022-05-12|