Future Trend Analysis Report
Prepared for you on Tuesday, May 23, 2017.
HARD RED WINTER WHEAT Jul 2018 (E) (KCBT:KE.N18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.N18.E
The long term trend has been DOWN since Apr 21st, 2017 at 496
The intermediate term trend has been UP since May 1st, 2017 at 517
The short term trend has been UP since May 19th, 2017 at 510
Smart Scan Analysis for KE.N18.E
Based on a pre-defined weighted trend formula for chart analysis, KE.N18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||564.25||Contract High Date||2016-04-19|
|Contract Low||488.5||Contract Low Date||2016-12-07|
|Estimated Volume||11||First Delivery||2018-07-31|