Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
BUTTER-CASH SETTLED Apr 2021 (CME:CB.J21)
Long-Term Uptrend (+90) - CB.J21 is in a strong uptrend that is likely to continue. While CB.J21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CB.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CB.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CB.J21
The long-term trend has been UP since Mar 2nd, 2021 at 175.25
The intermediate-term trend has been UP since Feb 16th, 2021 at 167.00
The short-term trend has been UP since Apr 9th, 2021 at 178.20
Smart Scan Analysis for CB.J21
Based on our trend formula, CB.J21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).