Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
BUTTER-CASH SETTLED Nov 2023 (CME:CB.X23)
Sidelines Mode (+55) - CB.X23 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 CB.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for CB.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CB.X23
The long-term trend has been UP since Jul 21st, 2023 at 253.975
The intermediate-term trend has been DOWN since Oct 30th, 2023 at 294.000
The short-term trend has been UP since Nov 27th, 2023 at 297.000
Smart Scan Analysis for CB.X23
Based on our trend formula, CB.X23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).