Future Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
DRY WHEY May 2023 (CME:DY.K23)
Bear Market Rally (-75) - DY.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DY.K23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DY.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for DY.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DY.K23
The long-term trend has been DOWN since Nov 21st, 2022 at 45.975
The intermediate-term trend has been DOWN since Mar 29th, 2023 at 37.650
The short-term trend has been UP since May 30th, 2023 at 38.450
Smart Scan Analysis for DY.K23
Based on our trend formula, DY.K23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).