Future Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
30 DAY FED FUND Jul 2019 (E) (CBOT:ZQ.N19.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 ZQ.N19.E
The long term trend has been DOWN since Oct 17th, 2017 at 98.245
The intermediate term trend has been DOWN since Sep 7th, 2018 at 97.380
The short term trend has been UP since Oct 23rd, 2018 at 97.290
Smart Scan Analysis for ZQ.N19.E
Based on a pre-defined weighted trend formula for chart analysis, ZQ.N19.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||99.03||Contract High Date||2016-09-13|
|Contract Low||97.235||Contract Low Date||2018-10-05|
|Estimated Volume||16656||First Delivery||2019-08-14|