Future Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
BUTTER-CASH SETTLED May 2022 (CME:CB.K22)
Long-Term Uptrend (+90) - CB.K22 is in a strong uptrend that is likely to continue. While CB.K22 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 CB.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CB.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CB.K22
The long-term trend has been UP since Oct 26th, 2021 at 192.000
The intermediate-term trend has been UP since May 17th, 2022 at 270.225
The short-term trend has been UP since May 11th, 2022 at 263.375
Smart Scan Analysis for CB.K22
Based on our trend formula, CB.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).