Future Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
CORN (MINI) Dec 2018 (E) (CBOT:XC.Z18.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 XC.Z18.E
The long term trend has been DOWN since Jun 11th, 2018 at 392.375
The intermediate term trend has been UP since Oct 2nd, 2018 at 368.875
The short term trend has been DOWN since Oct 18th, 2018 at 371.875
Smart Scan Analysis for XC.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, XC.Z18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||429.375||Contract High Date||2018-05-24|
|Contract Low||342.25||Contract Low Date||2018-09-18|
|Estimated Volume||264||First Delivery||2019-01-03|