Future Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
CORN Dec 2018 (E) (CBOT:ZC.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 ZC.Z18.E
The long term trend has been DOWN since Aug 23rd, 2017 at 396.0
The intermediate term trend has been DOWN since Aug 3rd, 2017 at 407.5
The short term trend has been UP since Sep 22nd, 2017 at 395.5
Smart Scan Analysis for ZC.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, ZC.Z18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||429.5||Contract High Date||2017-07-11|
|Contract Low||376.25||Contract Low Date||2016-08-31|
|Estimated Volume||1645||First Delivery||2018-12-18|