Future Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
HARD RED WINTER WHEAT Sep 2019 (E) (KCBT:KE.U19.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.U19.E
The long term trend has been DOWN since Nov 9th, 2018 at 548.75
The intermediate term trend has been DOWN since Oct 24th, 2018 at 560.50
The short term trend has been DOWN since Nov 7th, 2018 at 560.50
Smart Scan Analysis for KE.U19.E
Based on a pre-defined weighted trend formula for chart analysis, KE.U19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||645||Contract High Date||2018-08-07|
|Contract Low||546.25||Contract Low Date||2018-07-12|
|Estimated Volume||660||First Delivery||2019-09-30|