Future Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
ULTRA T-BONDS Jun 2021 (CBOT:UB.M21)
Bear Market Rally (-75) - UB.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UB.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid UB.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for UB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UB.M21
The long-term trend has been DOWN since Feb 3rd, 2021 at 202.65625
The intermediate-term trend has been DOWN since May 10th, 2021 at 185.18750
The short-term trend has been UP since May 16th, 2021 at 184.40625
Smart Scan Analysis for UB.M21
Based on our trend formula, UB.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).