Future Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
ETHANOL Mar 2020 (CBOT:EH.H20)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.H20
The long term trend has been DOWN since Jan 2nd, 2020 at 1.394
The intermediate term trend has been DOWN since Jan 2nd, 2020 at 1.394
The short term trend has been DOWN since Jan 16th, 2020 at 1.350
Smart Scan Analysis for EH.H20
Based on a pre-defined weighted trend formula for chart analysis, EH.H20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).