Future Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
BUTTER-CASH SETTLED Dec 2018 (E) (CME:CB.Z18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.Z18.E
The long term trend has been DOWN since Jul 3rd, 2018 at 233.4
The intermediate term trend has been DOWN since Oct 22nd, 2018 at 225.0
The short term trend has been UP since Nov 14th, 2018 at 221.5
Smart Scan Analysis for CB.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, CB.Z18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||251||Contract High Date||2018-05-22|
|Contract Low||217.175||Contract Low Date||2018-09-05|
|Open Time||18:00||Close Time||17:00|