Future Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
COCOA Sep 2019 (E) (NYBOT:CC.U19.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.U19.E
The long term trend has been DOWN since Jul 19th, 2018 at 2389
The intermediate term trend has been UP since Oct 22nd, 2018 at 2264
The short term trend has been UP since Oct 22nd, 2018 at 2264
Smart Scan Analysis for CC.U19.E
Based on a pre-defined weighted trend formula for chart analysis, CC.U19.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2827||Contract High Date||2018-05-11|
|Contract Low||1995||Contract Low Date||2017-12-13|
|Estimated Volume||99||First Delivery||2019-09-30|