Future Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
ETHANOL Jul 2018 (E) (CBOT:EH.N18.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.N18.E
The long term trend has been DOWN since Jun 7th, 2018 at 1.425
The intermediate term trend has been DOWN since Jun 4th, 2018 at 1.469
The short term trend has been DOWN since May 29th, 2018 at 1.517
Smart Scan Analysis for EH.N18.E
Based on a pre-defined weighted trend formula for chart analysis, EH.N18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.539||Contract High Date||2018-05-28|
|Contract Low||1.36||Contract Low Date||2018-06-06|
|Estimated Volume||334||First Delivery||2018-07-09|