Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
SOYBEANS TAS May 2021 (CBOT:SBT.K21)
Sidelines Mode (-55) - SBT.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SBT.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBT.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SBT.K21
The long-term trend has been DOWN since Mar 19th, 2021 at -0.25
The intermediate-term trend has been DOWN since Apr 28th, 2021 at -0.25
The short-term trend has been UP since Apr 29th, 2021 at 0.25
Smart Scan Analysis for SBT.K21
Based on our trend formula, SBT.K21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).