Future Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
BUTTER-CASH SETTLED Nov 2023 (CME:CB.X23)
Bull Market Weakness (+75) - CB.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CB.X23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CB.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for CB.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CB.X23
The long-term trend has been UP since Jul 21st, 2023 at 253.975
The intermediate-term trend has been DOWN since Oct 30th, 2023 at 294.000
The short-term trend has been UP since Nov 27th, 2023 at 297.000
Smart Scan Analysis for CB.X23
Based on our trend formula, CB.X23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).