Future Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
BUTTER-CASH SETTLED Jun 2021 (CME:CB.M21)
Long-Term Downtrend (-90) - CB.M21 is in a strong downtrend that is likely to continue. While CB.M21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 13th, 2020 at 223
The intermediate-term trend has been DOWN since Jul 2nd, 2020 at 195
The short-term trend has been DOWN since Jul 10th, 2020 at 194
Smart Scan Analysis for CB.M21
Based on our trend formula, CB.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).