Future Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
BUTTER-CASH SETTLED Nov 2018 (E) (CME:CB.X18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.X18.E
The long term trend has been DOWN since Jul 2nd, 2018 at 234.750
The intermediate term trend has been UP since Sep 25th, 2018 at 229.625
The short term trend has been UP since Sep 25th, 2018 at 229.000
Smart Scan Analysis for CB.X18.E
Based on a pre-defined weighted trend formula for chart analysis, CB.X18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||252.025||Contract High Date||2018-05-22|
|Contract Low||217.5||Contract Low Date||2018-09-05|
|Open Time||18:00||Close Time||17:00|