Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
ETHANOL Feb 2019 (CBOT:EH.G19)
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 EH.G19
The long term trend has been DOWN since Jul 2nd, 2018 at 1.403
The intermediate term trend has been UP since Jan 4th, 2019 at 1.302
The short term trend has been UP since Jan 27th, 2019 at 1.278
Smart Scan Analysis for EH.G19
Based on a pre-defined weighted trend formula for chart analysis, EH.G19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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