Future Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
BUTTER-CASH SETTLED Nov 2019 (E) (CME:CB.X19.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.X19.E
The long term trend has been UP since Mar 22nd, 2018 at 181.000
The intermediate term trend has been UP since Oct 16th, 2018 at 235.125
The short term trend has been DOWN since Nov 1st, 2018 at 235.700
Smart Scan Analysis for CB.X19.E
Based on a pre-defined weighted trend formula for chart analysis, CB.X19.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||235.4||Contract High Date||2018-10-25|
|Contract Low||231.5||Contract Low Date||2018-09-11|
|Open Time||18:00||Close Time||17:00|