Future Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
COTTON #2 Dec 2017 (E) (NYBOT:CT.Z17.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 CT.Z17.E
The long term trend has been UP since May 26th, 2016 at 64.34
The intermediate term trend has been DOWN since May 8th, 2017 at 73.44
The short term trend has been DOWN since May 19th, 2017 at 73.55
Smart Scan Analysis for CT.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, CT.Z17.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||75.72||Contract High Date||2017-03-20|
|Contract Low||59.3||Contract Low Date||2016-02-29|
|Estimated Volume||2041||First Delivery||2017-12-20|