Future Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
BLOOMBERG COMMODITY INDEX Jun 2021 (CBOT:AW.M21)
Long-Term Uptrend (+90) - AW.M21 is in a strong uptrend that is likely to continue. While AW.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AW.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for AW.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AW.M21
The long-term trend has been UP since Feb 12th, 2021 at 82.0
The intermediate-term trend has been UP since Apr 14th, 2021 at 84.7
The short-term trend has been UP since May 18th, 2021 at 93.4
Smart Scan Analysis for AW.M21
Based on our trend formula, AW.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).