Future Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
DRY WHEY Nov 2020 (CME:DY.X20)
Countertrend Down (-85) - DY.X20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DY.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for DY.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DY.X20
The long-term trend has been DOWN since Feb 21st, 2020 at 40.5
The intermediate-term trend has been DOWN since Jul 9th, 2020 at 34.0
The short-term trend has been UP since Aug 6th, 2020 at 33.5
Smart Scan Analysis for DY.X20
Based on our trend formula, DY.X20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).