Future Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
BUTTER-CASH SETTLED Jan 2019 (E) (CME:CB.F19.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CB.F19.E
The long term trend has been DOWN since Jul 3rd, 2018 at 228.25
The intermediate term trend has been DOWN since Oct 15th, 2018 at 220.70
The short term trend has been DOWN since Oct 8th, 2018 at 224.00
Smart Scan Analysis for CB.F19.E
Based on a pre-defined weighted trend formula for chart analysis, CB.F19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||240||Contract High Date||2018-05-09|
|Contract Low||216.95||Contract Low Date||2018-09-13|
|Open Time||18:00||Close Time||17:00|