Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
MILK CLASS IV Sep 2022 (CME:GDK.U22)
Countertrend Down (-85) - GDK.U22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GDK.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDK.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GDK.U22
The long-term trend has been DOWN since Jul 6th, 2022 at 23.65
The intermediate-term trend has been DOWN since Sep 27th, 2022 at 24.75
The short-term trend has been UP since Aug 23rd, 2022 at 23.70
Smart Scan Analysis for GDK.U22
Based on our trend formula, GDK.U22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).