Future Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
CHICAGO ETHANOL Feb 2018 (E) (NYMEX:CU.G18.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 CU.G18.E
The long term trend has been DOWN since May 4th, 2017 at 1.450
The intermediate term trend has been UP since Jan 2nd, 2018 at 1.355
The short term trend has been UP since Jan 24th, 2018 at 1.325
Smart Scan Analysis for CU.G18.E
Based on a pre-defined weighted trend formula for chart analysis, CU.G18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.4225||Contract High Date||2017-10-31|
|Contract Low||1.295||Contract Low Date||2017-12-15|
|Estimated Volume||182||First Delivery||2018-03-14|