Future Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
BLOOMBERG COMMODITY INDEX Dec 2020 (CBOT:AW.Z20)
Countertrend Up (+85) - AW.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AW.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for AW.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AW.Z20
The long-term trend has been UP since Oct 9th, 2020 at 73.0
The intermediate-term trend has been UP since Oct 9th, 2020 at 73.0
The short-term trend has been DOWN since Oct 23rd, 2020 at 73.7
Smart Scan Analysis for AW.Z20
Based on our trend formula, AW.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).