Future Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
MILK CLASS III Dec 2022 (CME:DC.Z22)
Long-Term Downtrend (-90) - DC.Z22 is in a strong downtrend that is likely to continue. While DC.Z22 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.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for DC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DC.Z22
The long-term trend has been DOWN since Jul 6th, 2022 at 21.67
The intermediate-term trend has been DOWN since Nov 27th, 2022 at 20.30
The short-term trend has been DOWN since Dec 7th, 2022 at 20.27
Smart Scan Analysis for DC.Z22
Based on our trend formula, DC.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).