Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
OATS Dec 2021 (CBOT:ZO.Z21)
Sidelines Mode (+55) - ZO.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 ZO.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZO.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZO.Z21
The long-term trend has been UP since Nov 25th, 2020 at 290.00
The intermediate-term trend has been UP since Jun 6th, 2021 at 387.75
The short-term trend has been DOWN since Jun 10th, 2021 at 388.75
Smart Scan Analysis for ZO.Z21
Based on our trend formula, ZO.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).