Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
BLOOMBERG COMMODITY INDEX Dec 2022 (CBOT:AW.Z22)
Strong Downtrend (-100) - AW.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AW.Z22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AW.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for AW.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AW.Z22
The long-term trend has been DOWN since Jun 29th, 2022 at 128.51
The intermediate-term trend has been DOWN since Sep 6th, 2022 at 119.40
The short-term trend has been DOWN since Sep 23rd, 2022 at 115.75
Smart Scan Analysis for AW.Z22
Based on our trend formula, AW.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).