Future Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
COCOA May 2018 (E) (NYBOT:CC.K18.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 CC.K18.E
The long term trend has been DOWN since Jun 24th, 2016 at 2920
The intermediate term trend has been UP since Sep 18th, 2017 at 2035
The short term trend has been UP since Sep 21st, 2017 at 2036
Smart Scan Analysis for CC.K18.E
Based on a pre-defined weighted trend formula for chart analysis, CC.K18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||3011||Contract High Date||2016-06-15|
|Contract Low||1846||Contract Low Date||2017-04-20|
|Estimated Volume||978||First Delivery||2018-05-31|