Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
ETHANOL Apr 2020 (CBOT:EH.J20)
Long-Term Downtrend (-90) - EH.J20 is in a strong downtrend that is likely to continue. While EH.J20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EH.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EH.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EH.J20
The long-term trend has been DOWN since Jan 28th, 2020 at 1.351
The intermediate-term trend has been DOWN since Feb 21st, 2020 at 1.341
The short-term trend has been DOWN since Apr 1st, 2020 at 0.925
Smart Scan Analysis for EH.J20
Based on our trend formula, EH.J20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).