Future Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
COCOA May 2019 (E) (NYBOT:CC.K19.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.K19.E
The long term trend has been UP since Nov 7th, 2018 at 2405
The intermediate term trend has been DOWN since Nov 19th, 2018 at 2200
The short term trend has been UP since Nov 29th, 2018 at 2176
Smart Scan Analysis for CC.K19.E
Based on a pre-defined weighted trend formula for chart analysis, CC.K19.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2176||Contract High Date||2018-11-27|
|Contract Low||2117||Contract Low Date||2018-11-26|
|Estimated Volume||1307||First Delivery||2019-05-31|