Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

ETHANOL Nov 2018 (E) (CBOT:EH.X18.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.

Open High Low EH.X18.E Price Change
1.315 1.315 1.315 1.302 0.000
Entry Signal

MarketClub’s Trade Triangles for EH.X18.E

long term down The long term trend has been DOWN since Jun 18th, 2018 at 1.432

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 1.265

short term up The short term trend has been UP since Nov 2nd, 2018 at 1.278

Smart Scan Analysis for EH.X18.E

Based on a pre-defined weighted trend formula for chart analysis, EH.X18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EH.X18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.315 1.315 1.315 1.302 0.000
Prev. Close Volume Bid Ask Time
1.315 21 2018-11-05 13:04:59
Contract High1.504Contract High Date2018-05-31
Contract Low1.245Contract Low Date2018-08-30
Estimated Volume21First Delivery2018-11-07
Expiration2018-11-05Open Time18:00
Close Time17:00
Want to analyze ETHANOL Nov 2018 (E) EH.X18.E or another symbol? Try our Free Future Trend Analysis Report.