Future Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
CORN May 2019 (E) (CBOT:ZC.K19.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.K19.E
The long term trend has been DOWN since Jun 11th, 2018 at 404.00
The intermediate term trend has been UP since Jul 25th, 2018 at 390.75
The short term trend has been UP since Aug 15th, 2018 at 395.25
Smart Scan Analysis for ZC.K19.E
Based on a pre-defined weighted trend formula for chart analysis, ZC.K19.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||441.25||Contract High Date||2018-05-24|
|Contract Low||369.25||Contract Low Date||2018-07-12|
|Estimated Volume||6358||First Delivery||2019-05-16|