Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
SUGAR #11 WORLD OCTOBER 2021 (ICE:@SB.V21)
Bull Market Weakness (+75) - @SB.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @SB.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @SB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.V21
The long-term trend has been UP since Jul 31st, 2020 at 12.60
The intermediate-term trend has been UP since Jun 30th, 2021 at 17.91
The short-term trend has been DOWN since Jul 30th, 2021 at 18.10
Smart Scan Analysis for @SB.V21
Based on our trend formula, @SB.V21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.81||52wk High Date||2021-07-29|
|52wk Low||10.82||52wk Low Date||2020-04-28|