Future Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
ROUGH RICE May 2018 (E) (CBOT:ZR.K18.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 ZR.K18.E
The long term trend has been UP since Apr 9th, 2018 at 12.825
The intermediate term trend has been DOWN since May 7th, 2018 at 12.580
The short term trend has been DOWN since Apr 26th, 2018 at 12.900
Smart Scan Analysis for ZR.K18.E
Based on a pre-defined weighted trend formula for chart analysis, ZR.K18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||12.325||Contract High Date||2018-05-14|
|Contract Low||12.325||Contract Low Date||2018-05-14|
|Estimated Volume||4||First Delivery||2018-05-31|