Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
ETHANOL Jan 2019 (CBOT:EH.F19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EH.F19
The long term trend has been DOWN since Jul 2nd, 2018 at 1.403
The intermediate term trend has been UP since Jan 3rd, 2019 at 1.275
The short term trend has been UP since Dec 28th, 2018 at 1.250
Smart Scan Analysis for EH.F19
Based on a pre-defined weighted trend formula for chart analysis, EH.F19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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