Future Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
HARD RED WINTER WHEAT May 2019 (E) (KCBT:KE.K19.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 KE.K19.E
The long term trend has been UP since Aug 2nd, 2018 at 635.00
The intermediate term trend has been DOWN since Aug 22nd, 2018 at 589.75
The short term trend has been UP since Oct 14th, 2018 at 561.50
Smart Scan Analysis for KE.K19.E
Based on a pre-defined weighted trend formula for chart analysis, KE.K19.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||654||Contract High Date||2017-07-05|
|Contract Low||505||Contract Low Date||2017-12-12|
|Estimated Volume||2784||First Delivery||2019-05-31|