Future Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
COCOA May 2019 (E) (NYBOT:CC.K19.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 CC.K19.E
The long term trend has been UP since Feb 26th, 2018 at 2273
The intermediate term trend has been DOWN since May 18th, 2018 at 2652
The short term trend has been UP since Jun 12th, 2018 at 2469
Smart Scan Analysis for CC.K19.E
Based on a pre-defined weighted trend formula for chart analysis, CC.K19.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2840||Contract High Date||2018-05-07|
|Contract Low||1915||Contract Low Date||2017-12-22|
|Estimated Volume||143||First Delivery||2019-05-31|