Future Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
COFFEE May 2018 (E) (NYBOT:KC.K18.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 KC.K18.E
The long term trend has been DOWN since Oct 2nd, 2017 at 132.65
The intermediate term trend has been DOWN since Jan 16th, 2018 at 122.80
The short term trend has been UP since Mar 21st, 2018 at 120.05
Smart Scan Analysis for KC.K18.E
Based on a pre-defined weighted trend formula for chart analysis, KC.K18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||189.2||Contract High Date||2016-11-07|
|Contract Low||116.9||Contract Low Date||2018-03-16|
|Estimated Volume||4684||First Delivery||2018-05-31|