Future Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
NYH RESIDUAL FUEL 1%S Dec 2020 (E) (NYMEX:MM.Z20.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 MM.Z20.E
The long term trend has been DOWN since at
The intermediate term trend has been DOWN since at
The short term trend has been DOWN since at
Smart Scan Analysis for MM.Z20.E
Based on a pre-defined weighted trend formula for chart analysis, MM.Z20.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||56.79||Contract High Date||2018-01-12|
|Contract Low||38.93||Contract Low Date||2016-12-09|
|Open Time||18:00||Close Time||17:00|