Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
BUTTER-CASH SETTLED Jun 2021 (CME:CB.M21)
Sidelines Mode (+55) - CB.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CB.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CB.M21
The long-term trend has been UP since Mar 30th, 2021 at 184.5
The intermediate-term trend has been DOWN since Apr 22nd, 2021 at 183.0
The short-term trend has been UP since May 10th, 2021 at 178.5
Smart Scan Analysis for CB.M21
Based on our trend formula, CB.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).