Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2017.
ETHANOL Apr 2017 (E) (CBOT:EH.J17.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.J17.E
The long term trend has been DOWN since Mar 3rd, 2017 at 1.490
The intermediate term trend has been DOWN since Feb 27th, 2017 at 1.526
The short term trend has been UP since Mar 24th, 2017 at 1.547
Smart Scan Analysis for EH.J17.E
Based on a pre-defined weighted trend formula for chart analysis, EH.J17.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.665||Contract High Date||2016-12-12|
|Contract Low||1.419||Contract Low Date||2016-09-19|
|Estimated Volume||1||First Delivery||2017-04-07|