Future Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
BUTTER-CASH SETTLED Aug 2017 (E) (CME:CB.Q17.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 CB.Q17.E
The long term trend has been UP since Oct 26th, 2016 at 210.000
The intermediate term trend has been DOWN since Feb 6th, 2017 at 225.975
The short term trend has been DOWN since Feb 21st, 2017 at 224.500
Smart Scan Analysis for CB.Q17.E
Based on a pre-defined weighted trend formula for chart analysis, CB.Q17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||233.525||Contract High Date||2016-12-21|
|Contract Low||200||Contract Low Date||2016-06-08|
|Open Time||18:00||Close Time||17:00|