Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
NASDAQ BIOTECH (E-MINI) Mar 2021 (CME:BIO.H21)
Weak Downtrend (-65) - BIO.H21 is showing signs of a strengthening downtrend. Monitor BIO.H21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BIO.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIO.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BIO.H21
The long-term trend has been UP since Dec 10th, 2020 at 4640.0
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 5064.7
The short-term trend has been DOWN since Feb 16th, 2021 at 5301.0
Smart Scan Analysis for BIO.H21
Based on our trend formula, BIO.H21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).