Future Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
COCOA (TAS) Sep 2018 (E) (NYBOT:CCT.U18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 CCT.U18.E
The long term trend has been UP since Jun 15th, 2018 at 1
The intermediate term trend has been DOWN since Jul 16th, 2018 at -1
The short term trend has been DOWN since Jul 16th, 2018 at -1
Smart Scan Analysis for CCT.U18.E
Based on a pre-defined weighted trend formula for chart analysis, CCT.U18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||5||Contract High Date||2018-07-06|
|Contract Low||-1||Contract Low Date||2018-07-09|
|Open Time||04:00||Close Time||11:50|