Future Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
SUGAR #16 Nov 2018 (E) (NYBOT:SF.X18.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 SF.X18.E
The long term trend has been DOWN since Feb 15th, 2018 at 26.76
The intermediate term trend has been DOWN since Jul 17th, 2018 at 25.82
The short term trend has been DOWN since Sep 5th, 2018 at 25.45
Smart Scan Analysis for SF.X18.E
Based on a pre-defined weighted trend formula for chart analysis, SF.X18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||27.65||Contract High Date||2017-05-17|
|Contract Low||25.35||Contract Low Date||2018-09-05|
|Open Time||09:00||Close Time||13:00|