Future Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
ULTRA T-BONDS Dec 2020 (CBOT:UB.Z20)
Bear Market Rally (-75) - UB.Z20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UB.Z20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid UB.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for UB.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UB.Z20
The long-term trend has been DOWN since Aug 13th, 2020 at 225.53125
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 212.37500
The short-term trend has been DOWN since Nov 23rd, 2020 at 217.96875
Smart Scan Analysis for UB.Z20
Based on our trend formula, UB.Z20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).