Future Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
MILK CLASS III May 2023 (CME:DC.K23)
Long-Term Downtrend (-90) - DC.K23 is in a strong downtrend that is likely to continue. While DC.K23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DC.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for DC.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DC.K23
The long-term trend has been DOWN since Jul 13th, 2022 at 19.50
The intermediate-term trend has been DOWN since Apr 6th, 2023 at 17.87
The short-term trend has been DOWN since May 24th, 2023 at 16.18
Smart Scan Analysis for DC.K23
Based on our trend formula, DC.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).