Future Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
10 YEAR NOTE- ULTRA 10 YEAR NOTE 3:2 Dec 2018 (E) (CBOT:TEX.Z18.E)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 TEX.Z18.E
The long term trend has been UP since Oct 10th, 2018 at 0.062500
The intermediate term trend has been DOWN since Oct 31st, 2018 at -0.046875
The short term trend has been DOWN since Nov 14th, 2018 at 0.015625
Smart Scan Analysis for TEX.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, TEX.Z18.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.109375||Contract High Date||2018-10-26|
|Contract Low||-0.078125||Contract Low Date||2018-09-07|