Future Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
NASDAQ BIOTECH (E-MINI) Sep 2021 (CME:BIO.U21)
Bear Market Rally (-75) - BIO.U21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BIO.U21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BIO.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIO.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BIO.U21
The long-term trend has been DOWN since Jul 15th, 2021 at 4949.4
The intermediate-term trend has been DOWN since Jul 15th, 2021 at 4964.5
The short-term trend has been UP since Jul 19th, 2021 at 5043.7
Smart Scan Analysis for BIO.U21
Based on our trend formula, BIO.U21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).