Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
ULTRA T-BONDS Dec 2021 (CBOT:UB.Z21)
Sidelines Mode (-55) - UB.Z21 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 UB.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for UB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UB.Z21
The long-term trend has been DOWN since Sep 28th, 2021 at 193.93750
The intermediate-term trend has been DOWN since Sep 24th, 2021 at 195.09375
The short-term trend has been UP since Oct 22nd, 2021 at 191.18750
Smart Scan Analysis for UB.Z21
Based on our trend formula, UB.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).