Spread Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
SUGAR #11 WORLD OCT 21/JUL 22 (ICE:@SB.V21-@SB.N22)
Strong Downtrend (-100) - @SB.V21-@SB.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.V21-@SB.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.V21-@SB.N22.
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-@SB.N22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @SB.V21-@SB.N22
Based on our trend formula, @SB.V21-@SB.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.69||52wk High Date||2020-08-20|
|52wk Low||-0.62||52wk Low Date||2020-04-21|