Future Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
CORN Mar 2018 (E) (CBOT:ZC.H18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 ZC.H18.E
The long term trend has been DOWN since Aug 10th, 2017 at 384.00
The intermediate term trend has been DOWN since Nov 9th, 2017 at 357.00
The short term trend has been UP since Nov 17th, 2017 at 354.75
Smart Scan Analysis for ZC.H18.E
Based on a pre-defined weighted trend formula for chart analysis, ZC.H18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||429||Contract High Date||2016-06-08|
|Contract Low||348.75||Contract Low Date||2017-11-16|
|Estimated Volume||189703||First Delivery||2018-03-16|