Future Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
BUTTER-CASH SETTLED Aug 2017 (E) (CME:CB.Q17.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 CB.Q17.E
The long term trend has been UP since May 16th, 2017 at 237.5
The intermediate term trend has been UP since May 9th, 2017 at 217.5
The short term trend has been DOWN since Jul 21st, 2017 at 265.0
Smart Scan Analysis for CB.Q17.E
Based on a pre-defined weighted trend formula for chart analysis, CB.Q17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||274.75||Contract High Date||2017-06-15|
|Contract Low||200||Contract Low Date||2016-06-08|
|Open Time||18:00||Close Time||17:00|