Future Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
CORN (MINI) Dec 2018 (E) (CBOT:XC.Z18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 XC.Z18.E
The long term trend has been DOWN since Aug 22nd, 2017 at 398.500
The intermediate term trend has been DOWN since Jul 25th, 2017 at 412.375
The short term trend has been DOWN since Oct 11th, 2017 at 393.375
Smart Scan Analysis for XC.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, XC.Z18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||428.75||Contract High Date||2017-07-10|
|Contract Low||387||Contract Low Date||2017-08-30|
|Estimated Volume||1||First Delivery||2019-01-03|