Future Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
NONFAT DRY MILK Aug 2017 (E) (CME:GNF.Q17.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 negative trend to resume. Downtrend 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 GNF.Q17.E
The long term trend has been DOWN since Aug 3rd, 2017 at 88.100
The intermediate term trend has been DOWN since Jun 12th, 2017 at 96.025
The short term trend has been UP since Aug 16th, 2017 at 87.500
Smart Scan Analysis for GNF.Q17.E
Based on a pre-defined weighted trend formula for chart analysis, GNF.Q17.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||121||Contract High Date||2016-09-20|
|Contract Low||86.5||Contract Low Date||2017-03-02|
|Open Time||18:00||Close Time||17:00|